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2013 Risk Management Compensation Survey

Conducted By:

Data Effective March 1, 2013

8476 Greenway Blvd., Suite 100


Middleton, WI 53562
www.enetrix.com
2013 Risk Management Compensation Survey

Table of Contents

Executive Summary . l 1
Introduction l 5

Participant List U.S. Respondents . II 1


Participant Demographics U.S. Respondents .. III 1

Summary of Survey Results U.S. Analysis


All Positions . lV 1
Chief Risk Officer |Vice President-Risk Management |Vice President-Strategic and Enterprise Risk ...... lV 3
Director - Business Continuity/Financial/IT Risk Management . lV 7
Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence . lV 11
Director Insurance and Risk Management . lV 15
Manager Insurance Management .. lV 19
Employee Benefits/Workers Compensation Claims Manager... lV 23
Claims Manager ... lV 27
Environmental, Health or Safety Manager. lV 31
Risk Management Analyst (Enterprise-Wide) . lV 35
Risk Management Analyst .. lV 39
Claims Analyst ... lV 43

Detail Survey Results U.S. Analysis


Chief Risk Officer |Vice President-Risk Management |Vice President-Strategic and Enterprise Risk ...... V1
Director - Business Continuity/Financial/IT Risk Management . V5
Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence . V9
Director Insurance and Risk Management . V 13
Manager Insurance Management .. V 19
Employee Benefits/Workers Compensation Claims Manager... V 25
Claims Manager ... V 29
Environmental, Health or Safety Manager. V 33

Data effective: March 1, 2013 i


2013 Risk Management Compensation Survey

Table of Contents (continued)

Risk Management Analyst (Enterprise-Wide) . V 37


Risk Management Analyst .. V 41
Claims Analyst ... V 45

Participant List Canadian Respondents . VI 1


Participant Demographics Canadian Respondents .. VII 1

Summary of Survey Results Canadian Analysis


All Positions . VIII 1
Chief Risk Officer |Vice President-Risk Management |Vice President-Strategic and Enterprise Risk ...... . VIII 3
Director - Business Continuity/Financial/IT Risk Management . VIII 7
Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence . VIII 11
Director Insurance and Risk Management . VIII 15
Manager Insurance Management .. VIII 19
Employee Benefits/Workers Compensation Claims Manager... VIII 23
Claims Manager ... VIII 25
Environmental, Health or Safety Manager. VIII 29
Risk Management Analyst (Enterprise-Wide) . VIII 31
Risk Management Analyst .. VIII 35
Claims Analyst ... VIII 39

Detail Survey Results Canadian Analysis


Chief Risk Officer |Vice President-Risk Management |Vice President-Strategic and Enterprise Risk ...... . IX 1
Director - Business Continuity/Financial/IT Risk Management . IX 3
Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence . IX 5
Director Insurance and Risk Management . IX 7
Manager Insurance Management .. IX 9
Employee Benefits/Workers Compensation Claims Manager... IX 11
Claims Manager ... IX 13
Environmental, Health or Safety Manager. IX 15
Data effective: March 1, 2013 ii
2013 Risk Management Compensation Survey

Table of Contents (continued)

Risk Management Analyst (Enterprise-Wide) . IX 17


Risk Management Analyst .. IX 19
Claims Analyst ... IX 21

Data effective: March 1, 2013 iii


2013 Risk Management Compensation Survey

Data effective: April 1, 2013 iv


2013 Risk Management Compensation Survey

Executive Summary
The Risk and Insurance Management Society, Inc. (RIMS) is pleased to present the results of our 2013 Risk Management Compensation Survey. With more
than 11,500 individual members representing more than 3,500 organizations in 58 countries, RIMS is a not-for-profit professional society dedicated to
advancing the practice of risk management, a professional discipline that protects physical, digital, financial, and human resources. The survey was conducted
by enetrix, A Division of Gallup, Inc.

The 2013 survey presents compensation data for 11 different positions. While sixteen different positions were listed on the survey document, there was
insufficient data for analysis, or small sample sizes, on 5 of them. The results reflect data submitted by individual risk management professionals working in
over 1,561 organizations in the United States and over 218 organizations in Canada. In total, 2,241 usable surveys were submitted online by RIMS members
and risk management professionals during January and February, 2013.

Approximately fifty-seven point four percent (57.4%) of the U.S. respondents work in organizations with more than $1 Billion in annual revenue. Slightly less
than half work in publicly owned organizations (46.0%), while 29.3% work for private employers. A majority of the survey respondents from the U.S. were
Insurance and Risk Management Directors (n=770), Insurance Management Managers (n=359) and Chief Risk Officers or Vice Presidents-Risk Management or
Vice President-Strategic and Enterprise Risk (n=211). Not surprisingly, the highest-paid risk management position was that of Chief Risk Officer/VP-Risk
Management/VP-Strategic and Enterprise Risk, with an average base salary of US$184,152 and total compensation of US$227,573. The lowest paid risk
management position was that of Claims Analyst, with an average base salary of US$64,184 and total compensation of US$66,295.

For Canadian respondents, approximately 42.6% work in organizations with more than $1 Billion in annual revenue. Unlike the US, only 25.2% work in publicly
owned organizations. And in Canada, 37.4% of respondents work for governmental employers as opposed to 12.0% in the US. A majority of the survey
respondents were Insurance and Risk Management Directors (n=80) or Insurance Management Managers (n=46). The highest- paid risk management position
surveyed was, once again, that of Chief Risk Officer/VP-Risk Management/VP-Strategic and Enterprise Risk, with an average base salary of CDN$173,611 and
total compensation of CDN$205,944. The lowest paid position for which data was available was that of Claims Analyst with an average base salary CDN$60,443
and total compensation of CDN$60,443.

This survey is the seventh conducted by the Risk and Insurance Management Society, Inc. Risk Managers who responded to and completed the survey
received an executive summary, in PDF, at no cost. PDF copies of the complete report may be ordered at www.RIMS.org/Compensation.

2013 Risk and Insurance Management Society, Inc. (RIMS) I-1 Introduction and Executive Summary
2013 Risk Management Compensation Survey

The Risk and Insurance Management Society, Inc. (RIMS) is pleased toExecutive present the results of our 2013 Risk Management Compensation Survey. With more
Summary
than 11,500 individual members representing more than 3,500 organizations in 58 countries, RIMS is a not-for-profit professional society dedicated to
As expected,
advancing thethose in higher
practice of risklevel positions (both
management, in the US discipline
a professional and in Canada) have a greater
that protects physical,percentage of theirand
digital, financial, total cash compensation
human resources. Theat-risk
surveythan
was those in
conducted
more entryAlevel
by enetrix, risk management
Division of Gallup, Inc.positions.
espondents
All Positions - United States
Average Base Salary ($000) Average Total Comp ($000)
Average Base Average Total
Job Title # of Resp. Salary ($000) Comp ($000) $0.0 $50.0 $100.0 $150.0 $200.0 $250.0

Chief Risk Officer | Vice President -


Chief Risk Officer | Vice President - Risk Management | Vice President $184.2
Risk Management | Vice President - 211 $184.2 $227.6
- Strategic and Enterprise Risk $227.6
Strategic and Enterprise Risk
Director - Business $141.7
Continuity/Financial/IT Risk 22 $141.7 $166.4 Director - Business Continuity/Financial/IT Risk Management
$166.4
Management
Director - Enterprise Risk $135.3
Director - Enterprise Risk Management (ERM)/Strategic Risk
Management (ERM)/Strategic Risk 123 $135.3 $152.0 Management / Risk Intelligence $152.0
Management / Risk Intelligence

Director - Insurance and Risk $133.4


770 $133.4 $154.6 Director - Insurance and Risk Management
Management $154.6

$102.1
Manager - Insurance Management 359 $102.1 $111.4 Manager - Insurance Management
$111.4

$84.4
Employee Benefits/Workers Employee Benefits/Workers Compensation Claims Manager
45 $84.4 $88.0
Compensation Claims Manager $88.0

$86.9
Claims Manager 112 $86.9 $94.1 Claims Manager
$94.1

$91.6
Environmental, Health or Safety Environmental, Health or Safety Manager
33 $91.6 $100.5 $100.5
Manager

$76.5
Risk Management Analyst (Enterprise- Risk Management Analyst (Enterprise-Wide)
79 $76.5 $80.2 $80.2
Wide)

$69.6
Risk Management Analyst
Risk Management Analyst 202 $69.6 $72.7 $72.7

$64.2
Claims Analyst
Claims Analyst 15 $64.2 $66.3 $66.3

Cash Compensation (All dollar amounts are displayed in USD $000s)

2013 Risk and Insurance Management Society, Inc. (RIMS) I-2 Introduction and Executive Summary
2013 Risk Management Compensation Survey

The Risk and Insurance Management Society, Inc. (RIMS) is pleased toExecutive
present the results of our 2013 Risk Management Compensation Survey. With more
Summary
than 11,500 individual members representing more than 3,500 organizations in 58 countries, RIMS is a not-for-profit professional society dedicated to
advancing
All the
Positions practice of risk management, a professional discipline that protects physical, digital, financial, and human resources. The survey was conducted
- Canada
espondents by enetrix, A Division of Gallup, Inc.
Average Base Salary ($000) Average Total Comp ($000)
Average Base Average Total
Job Title # of Resp. Salary ($000) Comp ($000) $0.0 $50.0 $100.0 $150.0 $200.0 $250.0

Chief Risk Officer | Vice President -


Chief Risk Officer | Vice President - Risk Management | Vice President $173.6
Risk Management | Vice President - 18 $173.6 $205.9
- Strategic and Enterprise Risk $205.9
Strategic and Enterprise Risk
Director - Business $132.0
Continuity/Financial/IT Risk 7 $132.0 $154.8 Director - Business Continuity/Financial/IT Risk Management
$154.8
Management
Director - Enterprise Risk $122.8
Director - Enterprise Risk Management (ERM)/Strategic Risk
Management (ERM)/Strategic Risk 36 $122.8 $128.4 Management / Risk Intelligence $128.4
Management / Risk Intelligence

Director - Insurance and Risk $119.1


80 $119.1 $133.1 Director - Insurance and Risk Management
Management $133.1

$100.3
Manager - Insurance Management 46 $100.3 $106.4 Manager - Insurance Management
$106.4

Employee Benefits/Workers Employee Benefits/Workers Compensation Claims Manager


0 -- --
Compensation Claims Manager

$84.3
Claims Manager 12 $84.3 $87.5 Claims Manager
$87.5

Environmental, Health or Safety Environmental, Health or Safety Manager


1 -- --
Manager

$84.6
Risk Management Analyst (Enterprise- Risk Management Analyst (Enterprise-Wide)
32 $84.6 $89.9 $89.9
Wide)

$76.3
Risk Management Analyst
Risk Management Analyst 31 $76.3 $79.3 $79.3

$60.4
Claims Analyst
Claims Analyst 7 $60.4 $60.4 $60.4

Cash Compensation (All dollar amounts are displayed in CAD $000s)

2013 Risk and Insurance Management Society, Inc. (RIMS) I-3 Introduction and Executive Summary
2013 Risk Management Compensation Survey

The Risk and Insurance Management Society, Inc. (RIMS) is pleased to present the results of our 2013 Risk Management Compensation Survey. With more
than 11,500 individual members representing more than 3,500 organizations in 58 countries, RIMS is a not-for-profit professional society dedicated to
advancing the practice of risk management, a professional discipline that protects physical, digital, financial, and human resources. The survey was conducted
by enetrix, A Division of Gallup, Inc.
This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) I-4 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Introduction

The Risk and Insurance Management Society, Inc. is pleased to present the results of the 2013 Risk Management Compensation Survey.

This years survey presents compensation data for 11 jobs reflecting submissions by individual risk management professionals working in over 1,561
organizations in the United States and over 218 organizations in Canada. Data submitted from individuals from each country are reported in the
country specific sections of this report.

More information about the participants is available in Section II (US Participant List), Section III (US Participant Demographics), Section VI
(Canadian Participant List), and Section VII (Canadian Participant Demographics).

Summary of Survey Results


Compensation for a particular position may vary by industry, size of organization, supervisory responsibility, and geography commonly referred to
as scopes. For a quick view of the survey results, refer to Sections IV (Summary Results for US) and VIII (Summary Results for Canada) which
contain graphs showing the average compensation for each job by country and scope.

Detailed Survey Results


Reports showing more detailed compensation data for each job (by country) are shown in Sections V (Detailed Results for US) and IX (Detailed
Results for Canada).

When reviewing the survey results, keep in mind that cash compensation is only one piece of an individuals total rewards package, which may also
include benefits and the work experience offered to the employee.

2013 Risk and Insurance Management Society, Inc. (RIMS) I-5 Introduction and Executive Summary
2013 Risk Management Compensation Survey

About RIMS, Inc.

Risk and Insurance Management Society, Inc.

The Risk and Insurance Management Society, Inc. (RIMS) is a not-for-profit organization dedicated to advancing the practice of risk management, a
professional discipline that protects physical, financial and human resources. Founded in 1950, RIMS represents more than 4,100 industrial, service,
nonprofit, charitable, and governmental entities. The Society serves more than 11,500 risk management professionals around the world.

For more information about RIMS, visit www.RIMS.org

About enetrix, A Division of Gallup, Inc.

enetrix is a Division of Gallup, Inc and is a premier provider of online survey services to America's leading associations, as well as to business and
industry.

enetrix currently manages over 2 dozen online salary surveys for various associations in the Accounting, Educational, Electronics, Engineering,
Financial, and Healthcare fields. In addition, the enetrix research team provides survey consultation for dozens of associations and organizations in
the areas of member and employee satisfaction, customer satisfaction, and industry benchmarking.

Our mission is to inspire organizations to make informed decisions. For more information about enetrix, visit www.enetrix.com

2013 Risk and Insurance Management Society, Inc. (RIMS) I-6 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Methodology

The information presented in this report is based on a survey of RIMS Members, conducted in January and February of 2013. RIMS contracted with
enetrix (a survey management firm located in Middleton, WI) to administer the survey on a secure web site and invite members to participate.

A total of 12,062 electronic invitations were sent to RIMS member from the United States and Canada on January 3, 2013. A general link to the
survey site was also posted on the RIMS website for non-members to register and participate in the survey. In total, 2,587 online questionnaires
were completed or partially completed between January and February, 2013. If based solely off the 12,062 member list provided, the number of
completions would equate to a 21.4 percent response rate. All data was submitted online.

Not every participant provided all of the information requested. Respondents were included in the study if they provided sufficient information to
be included in at least one table of the report. Data was eliminated from the survey reports if the respondents compensation data was not
provided, insufficient, or obviously erroneous. In a handful of cases, duplicate responses from the same individual were identified and subsequently
eliminated when calculating any statistics contained in this report. This reduced the sample to 2,241 for this purpose.

Data was not displayed for any line of data where the sample size was less than 5. Only medians and means are shown for any line of data where
the sample size was between 5 and 9 respondents. This approach is consistent with the safe harbor guidelines published by the U.S. Department of
Justice and the U.S. Federal Trade Commission.

Data Confidentiality and Privacy

All survey responses are held in the strictest confidence and were collected and tabulated by enetrix. As a third party survey provider, enetrix does
not share individual responses with anyone including RIMS employees. To ensure respondent confidentiality, observations based on five or fewer
survey responses are not reported for individual categories. However, all responses are included in the "total" calculations.

In addition, enetrix will not sell, rent, or trade participant name and contact information (or any such information for any person employed by a
participant) to any third party intending to use or distribute such information for marketing-related purposes.

2013 Risk and Insurance Management Society, Inc. (RIMS) I-7 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Interpreting the Data

Data for all pertinent variables should be considered simultaneously when the data is interpretedespecially where the sample size of a subgroup is
extremely small.

Some respondents may have reported incomes considerably higher or lower than those of the remaining individuals in a subgroup. This would
unduly influence the mean for some small subgroups. Therefore, wherever the sample is small and there is a considerable difference between the
average and median in a line of data, greater weight should usually be given to the median than to the average.

Sometimes, the information reported in a line of data may appear to be inconsistent with that of related data lines. In such cases, the relative
sample size of each line of data should be considered. Usually, more confidence should be placed in the line of data having the larger sample size.
However, the rule of reason should govern.

As the definitions imply, one-half of respondents are paid more than the median (50 th Percentile), one-quarter more than the 75th percentile, and
10% more than the 90th percentile. Naturally, regional factors and level of responsibility play a large part in determining an individuals specific
income level. Further, as a matter of policy, many employers deliberately set pay rates above the average to attract and retain the best possible
employees. Therefore, the fact that an individuals salary is above some otherwise appropriate statistic need not be a matter of concern.

2013 Risk and Insurance Management Society, Inc. (RIMS) I-8 Introduction and Executive Summary
2013 Risk Management Compensation Survey

About the Survey Instrument and Jobs Surveyed

Survey respondents were asked to identify themselves to one of 16 job titles presented on the survey and provide their base salary and short-term
incentives granted to them for the past year. In particular, respondents were asked to provide information related to their:
Scope: This term pertains to a particular segmentation of a set of collected data. The scope factors asked for on the survey instrument and
outlined for display in this report include: organizational characteristics (ownership type, revenue, industry), geographic location of
workplace (e.g., region, state, metro area), level of education, and supervisory responsibility.

Base Salary: The annual, fixed portion of compensation paid to an employee. This is the salary paid to the employee for fulfillment of their
essential functions. Base Salary does not include short-term or long-term incentives, differentials, premiums, overtime, benefits, or any other
type of variable pay.

Short-term Incentives (STI): An award in the form of cash or another item of value that is contingent upon the achievement of individual,
group, or organizational results identified at the beginning of a performance cycle. The short-term performance cycle is normally one-year or
less. Short-term incentives are usually, though not always, cash awards. Short-term incentives are sometimes called bonuses.

Respondents were asked to a select one of the 16 job titles listed on the following pages that closest matched their current job responsibilities.
Job Title Job Description
1. Chief Risk Officer/Vice President - Risk Description of Responsibilities: Plans and directs all aspects of an organization's risk management policies, objectives,
Management and initiatives. Responsible for the development and execution of the organizations enterprise risk and risk appetite
frameworks, and related processes to achieve the organizations short- and long-term strategic, financial and
operational goals. Directs the development of the organizations risk practices as an interrelated risk portfolio to create,
capture and protect the enterprise value. Seeks ways to optimize risk decision making in the organization as a
competitive advantage, using multiple techniques and solutions. Recognized as a dynamic, proactive and decisive risk
leader. Possesses a broad-based operational perspective, an intimate knowledge of internal business processes and
understanding of the organizations industry. Adapts well to and initiates change in the organization. Demonstrates
expertise in a variety of the field's concepts, practices, and procedures. Relies on extensive personal leadership skills,
network of internal and external alliances, experience and judgment to plan and accomplish goals. Performs a variety of
tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. Key traits for the
individual in this position are: highly developed communications, team player, change agent, strategic and creative,
excellent project management skills and the ability to drive performance from all areas within the organization.

Position level/Reporting Structure: This person typically reports to the CEO, President, Principal or Executive Director
They are identified as the top risk executive in the company and may be the CFO or COO if these positions are identified
as the person responsible for all activities relating to risk within the organization.

2013 Risk and Insurance Management Society, Inc. (RIMS) I-9 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Job Title Job Description


2. Director - Enterprise Risk Management Description of Responsibilities: Responsible for the leadership, innovation, governance, and management necessary to
(ERM) identify, analyze, evaluate, handle, and monitor the companys operational and strategic risks. Develops risk
management tools, practices, and policies to assess and report enterprise risks, for the organization to manage risks
according to an enterprise risk management framework. Ensures the organization's risk management policies and risk
(Combined into the job Director - strategies are in compliance with applicable regulations, rating agency standards, and strategic imperatives of the
Enterprise Risk Management organization. Determines the organizations enterprise risk management architecture / framework. Oversees or
(ERM)/Strategic Risk Management / monitors key strategic and/or operational risk management activities of the organization. Monitors and analyzes risks
Risk Intelligence) within the company's business units and reports on these risks to the Board. Chairs or provides key inputs into the
companys enterprise risk or other committee that oversees the enterprise risk management process and ensures
alignment with organizational objectives. This position also may have responsibilities for Insurance and Risk
Management and / or Business Continuity Planning activities for the organization.

Position level/ Reporting Structure: This person may be a liaison for reporting findings and status to senior executives
and/or the organization's board of directors/audit committee. The position typically reports to the Chief Financial
Officer, Chief Risk Officer, or other corporate level officer designee.

3. Director - Strategic Risk Management / Description of Responsibilities: Responsible for the leadership and innovation to collaboratively uncover and highlight
Risk Intelligence strategic risks in support of the strategic planning process. Works in partnership with, but generally does not lead, the
organization's strategy planning process. Has the authority to challenge the assumptions and logic underlying the cross-
functional decisions to enable the decision-makers to more fully plan for uncertainties in achieving the organization's
(Combined into the job Director - mission, goals and objectives. Develops risk management tools, practices, and policies to assess and report strategic,
Enterprise Risk Management emerging and dynamic risks to achieving the strategy and those risks arising from the strategy itself. Oversees or
(ERM)/Strategic Risk Management / monitors deviations from expected outcomes related to key strategic risk management activities of the organization.
Risk Intelligence) Monitors and analyzes strategic risks within the company's business units and reports on these risks to the Board.
Chairs or provides key inputs into the company's enterprise risk or other committee that oversees the enterprise risk
management process and ensures alignment with organization's strategic objectives.

Position level/ Reporting Structure: This person may be a liaison for reporting findings and status to senior executives
and/or the organization's board of directors/executive committee. The position typically reports to the Chief Financial
Officer, Chief Risk Officer, Chief Development Officer or other corporate level officer designee.

2013 Risk and Insurance Management Society, Inc. (RIMS) I - 10 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Job Title Job Description


4. Director Financial Risk Management Description of Responsibilities: Responsible for the leadership, innovation, governance, and management necessary to
(Commodity, Credit, Interest Rates, identify, evaluate, mitigate, and monitor the company's financial risk. Develops financial risk management tools and
practices to analyze and report on financial market risks and to manage risks according to a financial risk management
and/or Foreign Currency) framework and relevant policies. Ensures the organization's financial risk management policies, limits, and strategies
are in compliance with applicable regulations, rating agency standards, and strategic imperatives of the organization.
(Combined into the job Director - Oversees or monitors all financial risk management activities of the organization. Monitors and analyzes financial risks
Business Continuity/Financial/IT Risk within the company's business units and on a corporate basis. Chairs or provides key inputs into the company's financial
Management) risk management committee.

Position level/ Reporting Structure: This person may be a liaison for reporting findings and status to senior executives
and/or the organization's board of directors/audit committee. The position typically reports to the Chief Financial
Officer, Chief Risk Officer, Treasurer or other corporate level officer designee.

5. Director - IT Risk Management Description of Responsibilities: This is a senior information technology risk management position in an organization, with
authority to make decisions on major IT risk management issues affecting the organization. This person is usually not
the CEO, CFO or COO unless they spend more than 50% of their time directly involved in, and accountable for IT risk
(Combined into the job Director - management activities/issues affecting the organization. Accountable for implementing IT policies, plans and
Business Continuity/Financial/IT Risk procedures, and organizational structures designed to provide reasonable assurance that 1) IT is aligned with the
Management) achievement of business objectives 2) Undesired events are detected, prevented and corrected and 3) IT risks are
managed appropriately.

Position level/ Reporting Structure: Reports findings on IT risk exposures to senior executives, and implements IT risk
controls. Operationally reports to the Chief Technology Officer, or other corporate level officer designee.

6. Director - Insurance and Risk Description of Responsibilities: This is a senior insurance and risk management position in an organization, with
Management authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO,
CFO or COO unless they spend more than 50% of their time directly involved in, and accountable for, risk management
activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives,
ensuring effective hazard (typically insurable risks) risk management for the organization and supervising, leading
and/or directing key internal risk stakeholders. This person typically is responsible for the process of identifying,
measuring and managing insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems
and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in
order to optimize operations.

Position level/ Reporting Structure: Reports findings on risk exposures to senior executives and/or the organization's
board of directors, and implements strategies to manage insurable and/or hazard risks. Operationally reports to the
Chief Financial Officer, Chief Risk Officer, or other corporate level officer designee.

2013 Risk and Insurance Management Society, Inc. (RIMS) I - 11 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Job Title Job Description


7. Director - Business Continuity Description of Responsibilities: Leads corporate wide contingency planning/business continuity efforts regardless of the
Management type of potential disruption. Establishes a strategy, framework and methodology for successful execution of business
resiliency plans by internal business units. Drives and delivers effective business continuity strategies to plan, prevent,
prepare, respond and, in time of disaster, recover the organizations critical resources, processes, technology and
(Combined into the job Director - functions. Coordinates training, communication, and testing of plans. Frequently has a background in IT, audit or control
Business Continuity/Financial/IT Risk and has earned certification in business continuity planning. Drives and delivers Business Continuity commitment,
Management) support, ownership, accountability and results. Designs, builds, and implements standard risk assessment, business
impact analysis, and other business continuity tools and capabilities. Directs the continuous and regular training,
validation and testing of documented business continuity plans.

Position level/ Reporting Structure: Reports findings on business disruption risk exposures to senior executives, and
implements business continuity risk controls. Operationally reports to the Chief Technology Officer, Chief Risk Officer,
or other corporate level officer designee.

8. Manager - Insurance Management Description of Responsibilities: Responsibilities include directing the purchase of insurance programs, management of
claims and loss control activities, management of relationships with third party service providers including brokers,
insurers, consultants and other administrators, preparing loss analyses and budgets, identifying exposures,
recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring
compliance with insurance procedures and managing safety/risk management manuals.

9. Employee Benefits Manager Description of Responsibilities: Responsible for the direction and management of the organizations employee benefits
program. Develops and administers plans through coordination with professional consultants and technical experts in
the legal, medical, actuarial, accounting, financial, economics, labor relations, and communications disciplines. The
benefits program administration includes designing and financing the plans, controlling costs, communicating benefits
to employees, and keeping abreast of government legislation affecting employee benefit plans.

10. Claims Manager Description of Responsibilities: Mitigates an organizations exposure to risk by formulating, developing, and coordinating
all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer
techniques. Directs a program to ensure the proper and efficient handling of claims, gathering data on claims for both
record keeping and loss forecasting purposes, and estimating the financial value of claims. Is also responsible for post
loss reduction techniques such as salvage, subrogation and rehabilitation.

2013 Risk and Insurance Management Society, Inc. (RIMS) I - 12 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Job Title Job Description


11. Workers' Compensation Claims Description of Responsibilities: Manages accountabilities in the administration of first and third party workers
Manager compensation claims. This role manages domestic and/or international claim management strategies critical to the
organization's success. Understands and operationalizes programs, policies, and procedures for: reporting,
investigation, and analysis; litigation management; resolution/outcome management; and the delivery of claim
information. Manages litigated and moderately complex claims and is entrusted with significant settlement authority.
Understands and communicates claims management philosophy and strategy to business unit and regional
management. Builds, maintains, and manages relationships with claims adjusters, insurers, outside legal counsel, and
other claims related parties. Ensures external reporting requirements are met. Operationalizes the design, analysis and
delivery of claim information which influences risk management behavior through performance metrics and
benchmarking.

12. Environmental, Health or Safety Description of Responsibilities: Formulates, develops, and coordinates safety and loss control functions of the
Manager organization. Designs and directs a program to reduce accidents, occupational illnesses, and exposure to long-term
health hazards through safety-training of supervisors and managers, planned inspections, skill training, first-aid care,
emergency preparedness, proper job instruction, new employee indoctrination, physical protection, planned job
observation, rules and practices, job analysis/procedures, disposal procedures, and protective equipment. Maintains
compliance with governmental regulatory agencies. Responsible for identifying causes of past accidents for taking
corrective measures.

13. Risk Management Analyst Description of Responsibilities: Supports the risk manager regarding all aspects of the enterprise-wide risk management
(Enterprise-Wide) program. Responsibilities include facilitating the identification of risks throughout the organization, developing,
reporting and monitoring formats on risk management issues and developing methodologies for the assessment of risks
throughout the organization.

14. Risk Management Analyst (Financial Description of Responsibilities: Supports the risk manager regarding all aspects of a financial risk management program.
Risk - Commodity, Credit, Interest Responsibilities include the development, implementation and application of risk metrics and methodologies and the
monitoring, analysis and reporting of financial risk exposures. Supports organizational compliance with risk policies
Rates, and/or Foreign Currency) through regular risk exposure monitoring and reporting. Responsible for documenting and reporting risk policy
exceptions to risk committee.
(Combined into the job Risk
Management Analyst)

15. Risk Management Analyst Description of Responsibilities: Supports department manager regarding all aspects of corporate insurance programs.
(Insurance) Responsibilities include compilation of underwriting information and coverage placement, claims administration, loss
forecasting, and analysis to assist in loss reduction.

(Combined into the job Risk


Management Analyst)
2013 Risk and Insurance Management Society, Inc. (RIMS) I - 13 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Job Title Job Description


16. Claims Analyst Description of Responsibilities: Reviews first and third party claims for irregularities, accuracy and completeness.
Requests additional information, where necessary, for completion of claim processing. Reviews claims for eligibility.
Maintains updated records and prepares required reports. Assists in claims cost control. Performs the design, analysis
and delivery of claim information. Contacts individuals about claims and coordinates the handling of benefits. This role
focuses on operational effectiveness in support of claims management strategies. Understands and performs domestic
and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation
management; resolution/outcome management; and the delivery of claim information. Handles mostly routine non-
complex claims but, may handle litigated and moderately complex claims with limited settlement authority.

Because of low sample sizes for several jobs, data was combined for the following job titles:

Job Title Combined Job Title for Survey


Director - Business Continuity Management Director - Business Continuity/Financial/IT Risk Management
Director - Financial Risk Management (Commodity, Credit, Interest Rates,
and/or Foreign Currency)
Director - IT Risk Management

Director - Enterprise Risk Management (ERM) Director - Enterprise Risk Management (ERM)/Strategic Risk
Director - Strategic Risk Management / Risk Intelligence Management / Risk Intelligence

Employee Benefits Manager Employee Benefits/Workers Compensation Claims Manager


Workers' Compensation Claims Manager

Risk Management Analyst (Financial Risk - Commodity, Credit, Interest Risk Management Analyst
Rates, and/or Foreign Currency)
Risk Management Analyst (Insurance)

2013 Risk and Insurance Management Society, Inc. (RIMS) I - 14 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Definition of Terms

This survey report contains a considerable amount of compensation data. We are including these summary definitions to help explain and further
assist in interpretation of that data.

25th Percentile: The end of the first quartile of a data array in which the data are ranked from lowest to highest. 25% of the data are less than the
25th Percentile, and 75% of the data are greater than this number. Percentiles are organization based.

50th Percentile (Median): The midpoint of a data array in which the data are ranked from lowest to highest. 50% of the data are less than the 50th
Percentile and 50% of the data are greater than this number. The 50th Percentile is also known as the Median. Percentiles are organization based.

75th Percentile: The end of the third quartile of a data array in which the data are ranked from lowest to highest. 75% of the data are less than the
75th Percentile and 25% of the data are greater than this number. Percentiles are organization based.

Average (Mean): The sum of all values of a data set divided by the number of values in that set.

Base Salary: The annual, fixed portion of compensation paid to an employee. This is the salary paid to the employee for fulfillment of their essential
functions. Base Salary does not include short-term or long-term incentives, differentials, premiums, overtime, benefits, or any other type of variable
pay.

Industry: A basic category of business activity. The term industry is sometimes used to describe a very precise business activity (e.g.
semiconductors) or a more generic business activity (e.g. consumer durables). If a company participates in multiple business activities, it is usually
considered to be in the industry in which most of its revenues are derived.

Metro Area: This displays either the Combined Statistical Area (CSA) cut or the Core Based Statistical Area (CBSA), whichever cut was available for
display. The CSA is a combination of adjoining local metro areas, forming a larger collective urban area. The CBSA is a US Census Bureau standard
urban area of at least 10,000 people. If a CSA was not available for a particular cut, the CBSA standard was utilized and vice versa.

Median: Please see 50th Percentile.

Number of Respondents (# of Resp): The total number of individual respondents for which data is being reported.

2013 Risk and Insurance Management Society, Inc. (RIMS) I - 15 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Definition of Terms
(continued)

Ownership: The type of ownership or tax-status of the organization. This includes Publicly Traded, Private, Not-for-Profit, & Government.

Region: The grouping or combination of states into defined regional areas throughout the United States. For this report, states were grouped into
the following regions:
North East -- Connecticut, Maine, Massachusetts, New York, New Jersey, New Hampshire, Rhode Island, Vermont
Mid Atlantic -- Delaware, Kentucky, Maryland, North Carolina, Pennsylvania, Virginia, Washington DC, West Virginia
South East -- Alabama, Florida, Georgia, Louisiana, Mississippi, South Carolina, Tennessee
Mississippi Valley -- Arkansas, Minnesota, Illinois, Indiana, Iowa, Michigan, Missouri, Ohio, Wisconsin
Mountain -- Colorado, Kansas, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, Utah, Wyoming
Western -- Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Washington

Revenue: Proceeds generated by a company from sale of goods or services or from donations.

Scope: This term pertains to a particular segmentation of a set of collected data. The scope factors asked for on the survey instrument and outlined
for display in this report include: organizational characteristics (ownership type, revenue, industry), geographic location of workplace (e.g., region,
state, metro area), level of education, and supervisory responsibility.

Short-term Incentives (STI): An award in the form of cash or another item of value that is contingent upon the achievement of individual, group, or
organizational results identified at the beginning of a performance cycle. The short-term performance cycle is normally one-year or less. Short-term
incentives are usually, though not always, cash awards. Short-term incentives are sometimes called bonuses.

Supervisory Responsibility: The level of supervisory responsibility the individual risk management professional has in their current role.

Target Bonus: The short-term incentive amount or percent granted if a specified target is reached.

Total Cash Compensation: The overall cash payments made to an individual for his/her services during a given year. Total Cash Compensation
includes base pay plus short-term incentives.

2013 Risk and Insurance Management Society, Inc. (RIMS) I - 16 Introduction and Executive Summary
2013 Risk Management Compensation Survey

Participant List U.S. Respondents

Respondents from over 1,561 U.S. organizations participated in the 2013 Risk Management Compensation Survey. These U.S. organizations include:

A Plus Benefits AES Corporation Allianz of America


A&P Affinia Group Inc. Allied Systems Holdings, Inc.
A. Duie Pyle, Inc. Affinity Federal Credit Union Allstate
AAA, Inc. Affinity Plus Federal Credit Union Alon USA
AAFES AFG Alpha Natural Resources
AAR CORP. Aflac Alsco Inc.
AARP Ag Processing Inc. A Cooperative Alstom
ABB Inc. Agilent Technologies Alticor Inc.
ABM AGL Resources Inc. Altria Group, Inc.
Academy Sports + Outdoors Agrium Retail (Crop Production Services, Ameren Services Company
Acadia Healthcare Company Inc.) American Capital Ltd
Acadia Realty Trust Ahold USA American Cast Iron Pipe Company
ACCO Brands Ahtna Netiye', Inc. American Crystal Sugar Company
ACCO Engineered Systems Aimco American Eagle Outfitters
ACE Cash Express, Inc. Air Methods American Electric Power
Ace Hardware Corporation Airgas, Inc. American Express Company
ACG AkzoNobel Inc. American Family Mutual Insurance
Acme Brick Company Alaska Air Group, Inc. Company
Acuity Brands, Inc. Alcoa, Inc. American Licorice
Ada County Aldridge Electric, Inc. American Red Cross
Adecco Alere San Diego American Signature Inc.
ADM Alexis Risk Management Services, LLC American Transmission Co Inc.
Admiral Beverage Company Alfa Insurance Company American Water
Adobe ALL Erection & Crane Rental Amerijet Holdings, Inc.
ADP Allegheny Technologies Incorporated Ameriprise Financial, Inc.
ADS Waste Holdings, Inc. Allegis Group AmerisourceBergen Corporation
Advance Auto Parts Allergan Ameristar Casino
Adventist Health ALLETE, Inc. Ameritas Life Insurance Corp.
AEG Facilities Alliant Credit Union AMLI Residential
Aerotek Alliant Energy Corporation AMN Healthcare
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 1 U.S. Participant List
2013 Risk Management Compensation Survey

Amsted Industries Inc. Aspen Dental Management BASIC ENERGY SERVICES LP


Amtrak Asplundh Tree Expert Co Basin Electric Power Cooperative
Anderson Merchandisers Associated Electric Cooperative, Inc. Bausch + Lomb
Andritz (USA) Inc. Associated Wholesale Grocers, Inc. Baxter International
ANN INC. AT BayCare Health System, Inc.
Anson Industries Inc. ATC Transportation LLC Baylor Health Care System
AO Smith Athens-Clarke County BBSI
AON ATI BCBSLA
Apache Corporation Atmos Energy Corporation Bealls Inc.
APC ATP Oil & Gas Corporation Beaumont Health System
Applied Industrial Technologies Auburn University Behringer Harvard
APS Aultman Health Foundation Bell Laboratories Inc.
ARAMARK Aurora Public Schools Belz Investco GP
Arby's Restaurant Group, Inc. Austin Industries Ben E Keith company
Archdiocese of Denver Automotive Rentals, Inc. Benderson Development Company, LLC
Archdiocese of Philadelphia Avanade Inc. Benton County PUD
Archer Daniels Midland Avery Dennison Corporation Berwind Corporation
Archstone Avis Budget Group, Inc. Best Buy
Arena Energy AVX Corporation Bethesda Associates
AREVA Babcock Power Inc. BHP Billiton
ARG Resources, LLC BAE Systems Ship Repair, Inc. BIC Group
Ariba Inc Baker Concrete Construction, Inc. Big 5 Corp.
Arizona Chemical Holdings Corp. Baker Hughes Incorporated Big Lots, Inc.
Arizona Public Service Bank of America BI-LO Holding, LLC
Arizona State University Bank of Hawaii Bimbo Bakeries USA
Arizona's G&T Cooperatives Bank of the West BI-STATE DEVELOPMENT AGENCY DBA
Arkansas Best Corporation Banner Health METRO
ARMC Baptist Health South Florida BJC HealthCare
ArrMaz Products, L.P. Baptist Health System, Inc. BJ's Restaurants, Inc.
ASARCO LLC Baptist Memorial Health Care BJ's Wholesale Club, Inc.
Ascension Health Alliance Corporation Black & Veatch
Ash Grove Cement Company Barnes & Noble, Inc. Black Hills Corporation
Ashford Hospitality Trust, Inc. Barrick Gold of North America, Inc. Blackrock
Ashley Furniture Industries, Inc. Basic American Foods Block Communications, Inc.

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 2 U.S. Participant List
2013 Risk Management Compensation Survey

Blood & Tissue Center of Central Texas Brown-Forman Corporation Cash America International
Blue Cross Blue Shield BSC Caterpillar
Blue Cross Blue Shield of Arizona Buffalo Wild Wings Catholic Mutual Group
Blue Cross Blue Shield of Florida Buffets, Inc. CBRE
Blue Cross Blue Shield of Michigan Building Materials Corporation of CBS Corporation
Blue Cross Blue Shield of North Carolina America CC Industries
Blue Cross Blue Shield of RI Bunge Ltd. CCA
BMC Software Inc. Burlington Coat Factory CCA of TN, LLC
BMHCC Burlington Electric Department CDI Corporation
BMW Manufacturing Company, LLC Butterball, LLC CEC Entertainment, inc.
BNP Paribas CAP Celanese Corporation
Boart Longyear Company C.L. Thomas, Inc. Center for Diagnostic Imaging
Bob Evans Farms, Inc. C.W. Wright Construction Company, Inc. Centerline Capital Group
Boehringer Ingelheim USA Corp CA, Inc. Centerplate
Boise Inc. Cabela's CenterPoint Properties Trust
Bollinger Shipyards, Inc. Cablevision System Corp Central Arkansas Risk Mgmt. Assn.
Bonfils Blood Center Cabot Corporation Central Parking System
Bonneville Power Administration California Self-Insurers' Security Fund Century Aluminum Company
Boston College Calpine Corporation CenturyLink, Inc.
Boston Globe Camden Property Trust CFI
Boston Scientific Corporation Cameron International corp. CH Energy Group
Boston University Campbell Soup Company CH2M HILL Companies Ltd
Boulder County Government Canterbury Park CHA
BP Corporation North America Inc. Capital Group Charlotte County
Brand Energy & Infrastructure Services Capital Metropolitan Transportation Charter Communications
Brandywine Realty Trust Authority Chemetall US, Inc.
Brazos Electric Cooperative Capital One Financial Corp Chevron Phillips Chemical Company
Bridgestone Americas / Firestone Capital Pumping Chicago Bridge & Iron Company
Building Products CAPS Payroll Chicago Housing Authority
Bristol Bay Native Corporation Cardinal Health, Inc. Chicago Public Schools
Broadridge Financial Solutions, Inc. CareFusion Corporation Chickasaw Nation Industries
Broward County Government Cargill, Incorporated Children's Institute, Inc.
Brown and Caldwell Carilion Clinic Chilton Hospital
Brown Shoe Company, Inc. Carlson Choice Hotels International, Inc.

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 3 U.S. Participant List
2013 Risk Management Compensation Survey

CHRISTUS Health City of Memphis Coca-Cola Bottling Co. Consolidated


CHS Inc. City of Mesquite Coherent
CIBC World Markets Corp. City of Minneapolis Coinstar, Inc.
Cigna Corporation City of Naples Cole Capital
Cincinnati Children's City of Norfolk, Virginia Collier County, Florida Board of
Cintas Corporation City of Ocala Commissioners
Cisco Systems, Inc. City of Philadelphia Collin County Government
Citizens Energy Group City of Richmond VA Colonial Williamsburg Foundation
Citizens Property Insurance Corporation City of Saint Paul Colorado Springs Utilities
Citrix City of San Antonio Columbia University
City and County of Denver City of Santa Monica Comcast Corporation
City and County of San Francisco City of Saratoga Springs, NY Comerica Bank
City of Arvada City of Seattle Commerce Bancshares Inc.
City of Atlanta City of Seattle Risk Management Commercial Metals Company
City of Aurora Colorado Division Commonwealth of Virginia
City of Baltimore City of Tamarac Communications Test Design Inc.
City of Boise ID City of Tampa Community College of Allegheny County
City of Boynton Beach, FL City of Waco Community Credit Union of Lynn
City of Bryan, TX City of Westminster Community Health Systems
city of Carrollton City Utilities of Springfield, Missouri Community of Christ
City of Champaign Clark County NV Dept of Aviation Company ABC
City of Charlotte CLAY ELECTRIC COOPERATIVE INC Compass Group
City of Charlotte, Mecklenburg County, Clean Water services Compass Minerals
Charlotte-Mecklenburg Schools Clemson University Comporium
City of Chula Vista Cleveland Clinic CompuCom Systems, Inc.
City of Colorado Springs Cleveland Group, Inc. Computer Sciences Corporation
City of Coral Springs Cliffs Natural Resources Inc. Computershare
City of Delray Beach ClubCorp USA, Inc. Compuware Corp.
City of Fontana CMS Energy / Consumers Energy Con Edison, Inc.
City of Hillsboro CNA ConAgra Foods
City of Huntsville CNL Financial Group, Inc. ConAm Management Corp
City of Jacksonville Coachella Valley Water District Concentra
City of Long Beach Coca - Cola Bottling Company United , ConocoPhillips
City of Los Angeles Inc. CONSOL Energy Inc.

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 4 U.S. Participant List
2013 Risk Management Compensation Survey

Consolidated Electrical Distributors, Inc. Craftworks Restaurants & Breweries, DDR Corp.
Consolidated Graphics, Inc. Inc. Dead River Company
Construction Company Crane & Co., Inc. Dean Clinic
Consumer Products Crescent Hotels & Resorts, LLC Dean Foods Company
Continental Automotive, Inc. CRM Dean Health Systems, Inc.
Continental Energy Systems, LLC Cross Country Healthcare, Inc. DecisionHR/Bankers Financial Corp
Contran Corporation CROSSMARK Inc Deere & Company
Convergys Crowley Maritime Corporation Del Monte Corporation
Con-way Inc. Crown Holdings, Inc. Delaware Transit Corporation
Cook Inlet Region, Inc. Crozer-Keystone Health System Dell Inc.
COORSTEK, INC CSC Deloitte LLP
CoreLogic, Inc. CSL Behring Delphi Automotive
Corizon CSX TRANSPORTATION Delta Air Lines
Cornerstone Real Estate Advisers LLC CubeSmart Denton County
Corning Incorporated Cubic Corp. Denver Health and Hospital Authority
Corp Risk Management Cummins Inc. Denver Water
Corporate Office Properties Trust CUNA Mutual Group Department of Aviation
COSCO Americas, Inc. CVS Caremark Corporation DePaul University
Coty Inc. CW Financial Services LLC Devon Energy Corporation
County Government CWS Apartment Homes LLC DFA
County of Charleston, SC Cytec Industries Inc. DHL
County of Kent, Michigan D E Harvey Builders DHL/Exel Supply Chain
County of Los Angeles Daily Express, Inc. Diamond Resorts International
County of Marin Dairy Farmers of America, Inc. Diebold, Inc.
County of Maui Dairyland Power Cooperative Digital Realty Trust
County of Orange Danos & Curole Marine Contractors, LLC DineEquity
Covanta Energy Corporation Dartmouth College DIRECTV
Covenant Retirement Communities Dassault Falcon Jet Corp Discover Financial Services
Covenant Services Worldwide LLC Daughters of Charity Health System Discovery Communications
Coventry Health Care, Inc. Dave & Buster's Disney
Covidien Dayton Freight Lines, Inc. District School Board of Pasco County
Cox Enterprises Dayton Power & Light Dole Food Company, Inc.
CPS Energy Dayton Rogers Mfg. Co. Dollar General Corporation
CR England DCT Industrial Doosan Inracore International

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 5 U.S. Participant List
2013 Risk Management Compensation Survey

Douglas County School District Equinix, Inc. Fired Up Restaurant Concepts


Dover Corporation Equity Residential First Data Corporation
Dow Corning Ergon, Inc. First Horizon National Corporation
DPSG Ericsson Inc. First Industrial Realty Trust, Inc.
Dr. Pepper Snapple Group ERM First National Bank Alaska
Draper and Kramer Inc. Ernst & Young First Niagara Financial Group, Inc.
DRS Technologies ESCO Corporation FirstEnergy Corp.
DST Systems, Inc. ESL Federal Credit Union Fisher Brothers
DTCC Estee Lauder Flad Affiliated Corp
DTNA ETS Flexcon Company, Inc.
Duke University Everett Smith Group, Ltd. Flextronics
Duke University Health System Evonik Corporation Flint Group
Dunbar Armored, Inc. Exide Technologies Flint Hills Resources
Durham County Exopack Florida Blue
E. D. Bullard Company EXPRESS Florida College System Risk
East Carolina University Express Energy Services Operating, L.P. Management Consortium
eBay, Inc. Extensis Group LLC Florida Conference UMC
ECMCC Exterran Florida East Coast Railway
Ecolab Inc. Extra Space Storage Flowers Foods
El Paso Electric Fairbanks North Star Borough Fluidmaster Inc.
Electric Boat Corporation FairPoint Communications Fluor Corporation
Eli Lilly & Company Fairview Health Services FMC Technologies
Elizabeth Arden Spas, Inc. Family Dollar FOJP Service Corporation
Elkay Manufacturing Faurecia USA Holdings, Inc. Forest River, Inc.
EMC Corporation FCCServices, Inc. Fort Bend County
Emerald Queen Casino FCSRMC Fortune Brands Home & Security, Inc.
Emergency Medical Services Federated Investors, Inc. Fox Entertainment Group
Corporation FedEx Freeport LNG
Employee Solutions FedEx Custom Critical, Inc. Fresh & Easy Neighborhood Market Inc.
Energy Future Holdings Corp. FedEx Office and Print Services, Inc. Frito-Lay
Ensign-Bickford Industries, Inc. Ferguson Enterprises G&D Integrated
Entergy Corporation Ferro Corporation G&K Services, Inc.
EOG Resources, Inc. Fidelity Natonal Financial G6 Hospitality, LLC
EQT Corporation FINRA Gamestop

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 6 U.S. Participant List
2013 Risk Management Compensation Survey

Gardner Denver, Inc. GS HD Supply, Inc.


GATX Corporation GTECH Corporation HDI-Gerling America Insurance Company
Gavilon Group LLC Guardian Industries Corp. Health Care REIT, Inc.
Gaylor, Inc. Guess? Inc. Health Net, Inc.
GD GuideStone Financial Resources Heartland Food LLC
GEICO Insurance Guilford C/C IAC H-E-B
General Cable Gulf Coast Regional Blood Center HEC
Georgia Department of Administrative GulfMark Offshore Inc. Heidelberg USA, Inc.
Services Gwinnett County Board of Heitman
Georgia Ports Authority Commissioners Helena Chemical Company
Georgia Power Company Gypsum Management and Supply, Inc. Helpmates Staffing Services
GeorgiaEMC Workers' Comp Fund H J Heinz Hendrick Automotive Group
GID Investment Advisers LLC H O Penn Machinery Henkel Corporation
Girl Scouts of the USA H&E Equipment Services, Inc. Henry Schein, Inc.
GlobalFoundries H&S Hewlett-Packard
GM Halliburton HFC
GMR Marketing LLC Hanesbrands HIA
GNE Hankey Group Highmark Inc.
Godiva Chocolatier, Inc. Harris Corporation Highwoods Properties
Gold Coast Beverage Distributors, Inc. Harris Teeter Hilcorp Energy Company
Golden Corral Corporation HARRP Hill-Rom Holdings, Inc.
Golden State Foods Hartz Mountain Industries Hillshire Brands Company
Goodwin Company Harvard Maintenance Inc. Hines
Google Harvard University Hines Interest Limited Partnership
Gordon Food Service Harvest Facility Holdings, LP Historic Tours of America, Inc.
GrafTech International Holdings Inc. Hawaii Pacific Health HNI Corporation
Graphic Packaging International Hawaiian Dredging Construction HNTB Companies
Graybar Electric Company, Inc. Company Hobby Lobby Stores, Inc.
Great River Energy Hawaiian Electric Company Holcim (US) Inc.
Green Bay Packaging Inc. Haworth, Inc. Holiday Retirement
Griffith Laboratories, Inc. HCA Holman Automotive Group, Inc.
Grifols, Inc. HCC Insurance Holdings, Inc. Holy Redeemer Health System
Grocers Supply Co. HCP, Inc. Holy Spirit Health System
GROWMARK, Inc. HCSC Home Depot

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 7 U.S. Participant List
2013 Risk Management Compensation Survey

Home Properties Ingram Micro Inc. Johns Hopkins Health System


Honda North America, Inc. Ingredion Incorporated Johns Manville
Honeywell International Inc. Inland Risk & Insurance Management Johnson Controls, Inc.
Hormel Foods Corporation Services, Inc. Johnson Financial Group
Hospira, Inc. Insite Managed Solutions Jones Lang LaSalle
Hot Topic Intel Corporation Joy Global Inc.
Housing Authorities Risk Retention Pool Interim Healthcare, Inc. JPMorgan Chase
Houston ISD Intermec, Inc. Juniper Networks, Inc.
HSBC North America International Paper Company Kaiser Foundation Health Polan
HSN International Rectifier Corp Kaiser Permanente
Hubbell Incorporated International Sos Kaman Corp
Huhtamaki International-Matex Tank Terminals Kansas City Power & Light
Hunt Oil Company International Speedway Corp. Kansas City Southern
Hunter Roberts Construction Group, LLC Interstate Distributor Co. Kansas Gas Service
Huntsman Corporation Interstate Hotels and Resorts KAR
Hyatt Hotels Corporation Intrawest KCI
HYDRITE CHEMICAL CO. Iron Mountain KCP&L
IAC ISMIE Mutual Insurance Company Kemira
IAP Worldwide Services, Inc iStar Financial Inc. Kenai Peninsula Borough
Icahn Associates Ithaca College Kennesaw State University
Icahn Sourcing LLC ITW Kent Corporation
ICMA-RC IWIF Kentucky Association of Counties
Idacorp/Idaho Power J.M. Huber Corporation Kentucky League of Cities
IDI, Inc. Jabil Circuit Keolis America
IEEE Jackson County KeyCorp
IGT James G. Davis Construction Corporation Keystone Foods LLC
IHG JBS Kimberly-Clark Corporation
Ikaria, Inc. JCPenney Kinder Morgan, Inc.
IKEA USA Jefferson Health System King County Housing Authority
Ilitch Holdings, Inc. Jefferson Parish Government Kohl's Department Stores
Illinois Tool Works Inc. JELD-WEN KONE Inc.
IMS Health Jennie-O Turkey Store Koniag, Inc.
Independent Health JMC Steel Group Kosmos Energy
ING U.S. Jo-Ann Stores, Inc. Kraft Foods Group, Inc.

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 8 U.S. Participant List
2013 Risk Management Compensation Survey

Krones, Inc. Lifespan Risk Services Management & Training Corporation


Krueger International, Inc. Lifetouch Mandalay Bay Resort & Casino
KSH LifeWay Christian Resources ManTech International Corporation
Kyocera International Lincoln Electric Holdings Inc. Marathon Oil Corporation
L-3 Communications Corporation Lincoln National Corporation Marion County Board of County
LA84 Foundation Lipscomb University Commissioners
Labor Finders International, Inc. LKQ Corporation Marriot Vacation Clubs Worldwide
LACMTA LNR Property LLC Marriott International, Inc.
Lambert-St. Louis International Airport Lockheed Martin Marriott Vacations Worldwide
LANDSTAR SYSTEM, INC Logan's Roadhouse Corporation
Lane Industries Incorporated Loma Linda University Health System Marsh & McLennan Companies, Inc.
Laramar Group Loomis Armored US, LLC Martin Marietta Materials
Laureate Education, Inc. L'Oreal USA Marubeni America Corp
LBA Realty LLC Lorillard Tobacco Company Mary Kay Inc.
LDRY Los Angeles County Fire Department Maryland Medicine Comprehensive
LDS Risk Management Division Lowe Enterprises, Inc. Insurance Program
Lee County Electric Co-Op, Inc Lowe's Companies, Inc. Marymount University
Leggett & Platt Incorporated Loyola University MasterCard
LEGO Systems, Inc. LRRI Mather LifeWays
LEGOLAND California Resort LSI Corporation Matrix Service Company
LEGOLAND Florida/Merlin LTD America Total Care, Inc. Matson, Inc.
Entertainments Group Luxottica Mattress Firm
Lehi city corp. LyondellBasell Industries, N.V. MAXIMUS, Inc.
Lehman Brothers Holdings Inc. M&T Bank Maxion Wheels
Lennar Corporation M/I Homes Inc. McCarthy
Lennox International Inc. Macerich McCormack Baron
Leprino Foods Co MacLean-Fogg Company McCoy's Building Supply
Leupold & Stevens, Inc. Macy's McDermott International
Level3 Communications Madison Gas and Electric Company McGuireWoods LLP
Leviton Manufacturing Co., Inc. Maersk Inc. MCIT
Lexmark International, Inc. Mafco McKee
Liberty Diversified International Magee Rehabilitation Hospital McKee Foods Corporation
Life Technologies Magellan Midstream Partners, L.P. McKesson Corporation
Life Time Fitness Maher Terminals LLC MDU Resources Group, Inc.
MeadWestvaco Corporation
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 9 U.S. Participant List
2013 Risk Management Compensation Survey

MediaNews Group Miller Pipeline NANA Development Corp


Medical College of Wisconsin Milwaukee County Wisconsin Nash Finch Company
MEDNAX MiraCosta Community College District National Cement Company Inc.
Meijer MISO National Financial Partners Corp.
Melton Truck Lines MITRE Corporation National Life Group
Memorial Health System MMCIP National Multiple Sclerosis Society
Memorial Hermann Health System MNAI National Water Utility
Memphis Light, Gas & Water Division Mohave County Nationwide Insurance Company
Merchants Insurance Group Molson Coors Brewing Company Navistar, Inc.
Merck & Co., Inc. Momentive Specialty Chemicals NAVY EXCHANGE SERVICE COMMAND
Mercy Mondelez International Navy Pier, Inc.
Merrick & Company Monroe County BOCC NCI Building Systems Inc.
Messinger Mortuary & Chapel, Inc. Montana State University NE Ohio Regional Sewer District
Metaldyne, LLC Montgomery County Maryland Nebraska Public Power District
Metro Montgomery County Public Schools NEC Corporation of America
Metro National Corporation Moog Inc. Nestle
MetroPCS Moose International, Inc. NetApp Inc.
Metropolitan Stevedore Company Morgan NetJets Inc.
Metropolitan Transit Authority of Harris Morgan Stanley New Mexico association of counties
County Morgans Hotel Group New York City Housing Authority
Metropolitan Washington Airports Morton Salt, Inc. New York Life Insurance Company
Authority Motorola Solutions, Inc. New York Power Authority
Metropolitan Water Reclamation MRA New York University
District of Greater Chicago MRIGlobal Newegg Inc.
MFS MTC Newell Rubbermaid Inc.
Miami Dade College MultiCare Health System NewPage Corporation
Miami-Dade County Public Schools Multnomah County NextEra Energy, Inc.
Michelin North America Multnomah County Oregon Niagara Frontier Transportation
Michels Corporation Municipal Government Authority
Michigan Catholic Conference Murphy-Hoffman Company Nichols Companies
Micron Technology, Inc. Nabors Drilling NII Holdings, Inc.
Microsoft Corporation Nabors Industries Nike, Inc.
Milagro Exporation NACCO Materials Handling Group, Inc. Nissan North America, Inc.
Millennium: The Takeda Oncology NAES Corporation Noble Drilling Services Inc.
Company
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 10 U.S. Participant List
2013 Risk Management Compensation Survey

Noble Energy, Inc. OMNOVA Solutions Inc. Panalpina, Inc.


Noodles & Company ONEOK, INC. Panasonic Corporation of North America
Nordson Corporation OPPD PANYNJ
North American Family Institute Oracle Paramount Staffing
Northern Tier Energy LLC Orange County Government Parker Drilling
Northern Trust Services, Inc. Orange County Sanitation District Payless ShoeSource, Inc.
Northrop Grumman Corporation Orange County Transportation Authority pcusa
Northwest Evaluation Association Orbital Sciences Corporation Peabody Energy
NorthWestern Energy Orbitz World Wide PeaceHealth
NOVA Chemicals Corporation Orchard Supply Hardware Pearson plc
Nova Southeastern University, Inc. Oregon Child Development Coalition, Pennsylvania Real Estate Investment
Novartis Corporation Inc. Trust
Novelis Inc. Oregon Health & Science University Penske Automotive Group, Inc.
NRECA O'Reilly Auto Parts Penske Truck Leasing
NRG Energy Inc. Osage Casinos Pepco Holdings, Inc.
Nueterra OSC Peoples United Bank
NuStar Energy Oshkosh Corporation PepsiCo, Inc.
NV Energy, Inc. OSI Group, LLC Perdue Farms Inc.
NYC Housing Authority OTB Acquisition LLC Perryman Company
NYK Group America's Inc. Otter Tail Corporation Petco Animal Supplies, Inc.
NYU Owens & Minor Inc. PetroQuest Energy
Occidental Petroleum Corporation Owens Corning PetSmart Inc.
Ocean Spray Cranberries, Inc. Oxbow Corporation Pfizer Inc.
Office Depot P.H. Glatfelter PGA TOUR, Inc.
OfficeMax Incorporated PA American Water PHH Corporation
Oglethorpe Power Corporation PACCAR Inc. Philadelphia Gas Works
OHSU Pace Suburban Bus Phillips 66
OIA Global Pacific Coast Companies Inc. Physicians Liability Insurance Company
Ojai Valley Inn & Spa 905 Country Club Pacific Dental Services Piedmont Natural Gas
Road Pacific Gas and Electric Pier 1 Imports, Inc.
Old Dominion Electric Cooperative Palm Beach County Board of County Pierce County
Omaha Steaks Commissioners Pinellas Suncoast Transit Authority
Omni Hotels Palo Alto Medical Foundation Pinnacle Entertainment
OmniTRAX, Inx. Pamida Stores Operating Co., Pinnacle West Capital Corporation

2013 Risk and Insurance Management Society, Inc. (RIMS) II - 11 U.S. Participant List
2013 Risk Management Compensation Survey

Pioneer Natural Resources Putnam Investments, LLC Republic Financial


Pitney Bowes Inc. PVH Corp. Rexnord Corporation
PLICO QBE Holdings, Inc. Reyes Holdings
Plum Creek Timber Company, Inc. QBE Insurance Group-North America Rice University
PNC Financial Services Group, Inc. QHS Ricoh Americas Corporation
PNM Resources, Inc. Quad/Graphics, Inc. Ricoh Production Print Solutions
Port of Portland Qualcomm Incorporated Rio Tinto
Port of Seattle Quanta Services, Inc. Risk Management & Insurance
Portillo's Hot Dogs, Inc. Quantum Corporation Rite-Aide
Power Construction Co, LLC Queen's Health Systems Rjl
PPG Quintiles Transnational Holdings Inc. Rockefeller Group International, Inc.
PPL Corporation R&B Realty Group RockTenn Company
Praxair Inc. R. L. Polk & Co. Rockwell Automation, Inc.
Precision Castparts Corp. R.D. Offutt Company Rockwell Collins, Inc.
Premera Blue Cross Radian Group Rockwood Specialties
PrideStaff Inc. Ralph Lauren Corporation Roll Global
Princeton University Randstad Rollins Inc. Risk Management
Principal Real Estate Investors Range Resources Corporation Roquette America, Inc.
ProBuild Holdings RBS-Citizens Financial Group, Inc. Ross Stores, Inc.
Progressive Waste Solutions RCID Rotary International
Prologis, Inc. Realogy Holdings Corp Roth Staffing Companies
Providence Alaska Medical Center Recall Roto-Rooter Services Company
Providence Service Corporation Red Bull North America, Inc. Roux Associates, Inc.
Prudential Red Hat, Inc. Royal Caribbean Cruises Ltd
PSC LLC Red Robin International, Inc. RREEF
PSS World Medical Red Spot Paint & Varnish Co., Inc. RTD
Public Utilities Risk Management Red Wing Shoe Company Ruan Transportation Management
Association Reed Elsevier Systems, Inc.
Public Utility District No. 1 of Snohomish Regency Centers Corporation Rutgers, The State university
County Regis Corporation Ryder System, Inc.
Puget Sound Energy Holdings Renewable Energy Systems Inc. (RES) S. C. State Ports Authority
Pule Group, Inc. Renown Health Safety Insurance Company
Pulic Utility District #2 of Grant County, Rentokil Initial USA, LLC Safeway Group Holding, LLC
WA Renzenberger Sage Software
Purdue University
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 12 U.S. Participant List
2013 Risk Management Compensation Survey

Saia Motor Freight Line, LLC Schweitzer Engineering Laboratories, Snyder's-Lance, Inc.
Saia, Inc. Inc. Sodexo Remote Sites
Saint Gobain Corporation Scripps Health Solid Waste Authority of Palm Beach
Salt Lake County Scripps Networks Interactive, Inc. County
Salt River Project SCU Solix, Inc.
Saltchuk Resources, Inc. Securian Financial Group Solvay
San Diego County Regional Airport Sedgwick Sonoco Products Corporation
Authority Seeno Companies Sony Corporation of America
San Diego County Schools JPA SEIKO Corporation of America Sony Pictures Entertainment
San Diego Padres SEMCO Energy, Inc. SOS Staffing Services, Inc.
San Diego Regional County Airport Sentara Healthcare South Coast AQMD
Authority Sentry Insurance South Jersey Industries, Inc.
San Francisco International Airport Servicemaster Southcoast Health Sytsem
San Francisco Public Utilities Shamrock Foods Company Southern Company Services
Commission Shriners Hospitals for Children Southern Methodist University
San Francisco Unified School District Siemens Corporation Southern Ute Indian Tribe Growth Fund
SanDisk Siemens Enterprise Communications Southwest Florida Water Management
Sandvik, Inc. Siemens Industry Inc. Water District
Santa Clara Valley Transportation Technologies Business Unit Southwest Gas
Authority Sierra Nevada Corporation Southwest Research Institute
Santa Clara Valley Water District Sigma-Aldrich Spectrum Health
Santee Cooper Power SII Sprint Nextel
SAP America, Inc. Silverstein Properties, Inc. Sprint Nextel Corp
SAS Institute Inc. Simon Property Group St Louis Convention & Visitors
Saulsbury Industries, Inc. Sinclair Oil Corporation Commission
Savage Companies Skilled Healthcare, LLC Standard Motor Products
Savage Services Corporation Smart & Final Standard Parking Corporation
SCANA Smith & Nephew StandardAero
Schneider Electric Smithsonian Institution Stanford University
Schnitzer Steel Industries, Inc. SMS Holdings Corporation Stanley Black & Decker, Inc.
Scholastic Inc. SMU Starbucks Coffee Company
School Boards Insurance Company of SMUD Starwood Hotels & Resorts Worldwide
Pennsylvania, Inc. Snap-on Incorporated Inc.
School District of Palm Beach County Snohomish County State Compensation Insurance Fund
State of Connecticut
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 13 U.S. Participant List
2013 Risk Management Compensation Survey

State of Florida - Dept. of Management Syar Industries Inc. The Art Institute of Chicago
Services Syngenta Corporation The Auto Club Group
State of Louisiana Office of Risk Synovus Financial Corp The Black Car Fund
Management Sysco Corporation The Bon-Ton Stores, Inc.
State of Nevada Systemax The Boston Consortium for Higher
State of Oregon TAM International, Inc. Education
State of Utah Risk Management TANKNOLOGY INC. The Brady Companies
State of Washington Department of Targa Resources Corp. The California State University - Office of
Enterprise Services Taubman Company the Chancellor
State of Wisconsin-Dept of Taxi Services, Inc. The Capital Group Companies, Inc.
Administration Taylor Morrison, Inc. The Cheesecake Factory Incorporated
State Office of Risk Management, Texas TBC The Children's Place
Station Casinos TCF Financial Corporation The Coca-Cola Company
Statutory Liquidations TDECU The Duchossois Group, Inc.
Steelcase Inc. TE Connectivity Ltd The E.W. Scripps Company
STERIS Corporation Teacher Retirement System of Texas The Estee Lauder Companies Inc.
Sterling Bank Tech Data Corporation The GEO Group, Inc.
Sterling Jewelers Inc. Technicolor USA, Inc. The Hartford Financial Services Group,
Stewart & Stevenson LLC Telecommunications - Risk Manager Inc.
Stewart Enterprises Inc. Tennant Company The Haskell Company
Stonebridge Companies Tennessee Farmers Cooperative The Hearst Corporation
STP Nuclear Operating Company Teradata Corporation The HEICO Companies, LLC
Structural Integrity Associates, Inc. Terex Corporation The Hershey Company
Stryker Terra Renewal The Home Depot
Subaru of America, Inc. Terumo BCT, Inc. The Housing Authority of the City of
Suburban Propane, L.P. Tesoro Corporation Charlotte
Suffolk Transportation Services, Inc. Texas Association of Counties The Inland Group, Inc.
Sunoco Inc. Texas Guaranteed Student Loan The J. Paul Getty Trust
Sunstate Equipment Co. Corporation The Johns Hopkins University
Sunsweet Growers Inc. Texas Industries, Inc. The Krystal Company
SunTrust Banks Inc. Texas Instruments The Long & Foster Companies, Inc.
Supermedia Textron Inc. The Madison Square Garden Company
SUPERVALU The Aerospace Corporation The Manitowoc Company, Inc.
Sutter Health The ALS Group The Marmon Group LLC
Swift Energy Operating, LLC The Mitchell Family Corporation
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 14 U.S. Participant List
2013 Risk Management Compensation Survey

The Mosaic Company Town of West Hartford UniGroup


The Nielsen Company Toyota Motor Sales, USA, Inc. United Airlines
The Ohio State University Tractor Supply Company United Services Association
The Pictsweet Company Transamerica Corporation United Space Alliance, LLC
The PNC Financial Services Group, Inc. TransForce, Inc. United States Olympic Committee
The Port Authority Transocean United Technologies
The Ryland Group, Inc. Transportation Corridor Agencies Unitil Corporation
The San Diego Union-Tribune, LLC TransUnion Univar Inc.
The Schwan Food Company Treasury Universal Leaf Tobacco Company, Inc.
The Scotts Miracle-Gro Company Tree Top, Inc. University Hospitals Health System, Inc.
The Shaw Group Inc. Tri Marine International, Inc. University of Alabama Health Services
The Tatitlek Corporation Tribune Foundation
The TJX Companies, Inc. TriNet HR Corp University of Arizona
The Toro Company Trinity Industries, Inc. University of California
The Travelers Companies, Inc. Trippe Manufacturing Company University of California Merced
The University of Iowa Tri-State Generation and transmission University of Colorado
The Valspar Corporation Assn., Inc. University of Denver
The Washington Post Company Tropical Shipping University of Illinois
The Wendy's Company TrueBlue, Inc. University of Iowa
The World Bank Trustees of the Estate of Bernice Pauahi University of MD Faculty Physicians and
Thomas Jefferson University Bishop dba Kamehameha Schools Medical System
Thomson Reuters TRW Automotive Inc. University of Minnesota
Thor industries, Inc. TS University of Missouri
TIAA-CREF Tucson Electric Power Company University of North Texas
tiffany & co Turner Construction Company University of Oregon
Timberland Bank TVA University of San Diego
Time Warner Inc. tw telecom Inc. University of Texas Health Science
Tishman Construction Corporation Tyson Foods, Inc. Center
Toll Brothers Inc. U.S. Bank University of the Pacific
TOTAL American Services UDR, Inc. University of Virginia
TOTAL American Services, Inc. UIL Holdings Corporation University of Washington
Total Risk Management UMass Memorial Health Care, Inc. Univision Communications Inc.
Total Transit UMDNJ UNS Energy Corp
Totem Ocean Trailer Express, Inc. Unified Grocers Inc. Unum Group
UPMC
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 15 U.S. Participant List
2013 Risk Management Compensation Survey

UPS Vulcan Materials Company Western Digital Corporation


US Army FMWR W.C. Bradley Co. Westfield Group
US Foods, Inc. W.W. Grainger, Inc. Weyerhaeuser
USAA Wagner Equipment Co. Wheaton Franciscan Services, Inc.
UTi Worldwide Inc. Wake Forest University Baptist Medical Whirlpool Corporation
Vail Resorts, Inc. Center White Castle System, Inc.
Valeant Wakefern Food Corp Whole Foods Market
Valero Energy Corporation Walgreen Co. Wildlife Conservation Society
valley schools Insurance Wal-Mart Windstream Communications, Inc.
Vanderbilt University & Medical Center Walt Disney Company Winn-Dixie Stores, Inc.
Varian Medical Systems, Inc. Warnaco Inc. Wisconsin Energy Corporation
Vector Security Washington Gas Light Company WMATA
Vectren Corporation Washington Metropolitan Area Transit Wolverine World Wide, Inc.
Ventas, Inc. Authority Work Comp Strategic Solutions
Ventura Foods Washington State Transit Insurance Pool World Fuel Services Corp
Veolia Environmental Services WATT COMPANIES World Kitchen LLC
Veolia Transportation, Inc. Watts Water Technologies, Inc. Wright Medical Technology
Veolia Water North America Wausau Paper Corp. WW Grainger Inc.
Verizon Communications Inc. Wawa Inc. Wyndham Worldwide
Vertex Pharmaceuticals Incorporated We Energies Xylem Inc.
Vestas American Wind Technology, Inc. Weatherford International Yale New Haven Health System
VF Corporation Webber, LLC Yale University
Viacom Inc. Wegmans Food Markets, Inc. YKK CORPORATION OF AMERICA
Viad Corp Weight Watchers International, Inc. YRC Worldwide Inc.
Village Green Holding, LLC Weingarten Realty Investors Zachry Construction Corp
Village of Skokie WellCare Health Plans Zachry Holdings, Inc.
Vivint, Inc. Wells Enterprises Zep Inc.
Voestalpine Nortrak Inc. Wells Fargo & Company Zilber Ltd.
Voith Hydro, Inc. Wells Real Estate Funds Zurich
Volkswagen Group of America Wells Real Estate Investment Trust II, Zurich Insurance
Volt Information Sciences, Inc. Inc.
Volvo Group North America WESCO Distribution, Inc.
Vopak North America West Liberty Foods, LLC
vRide Westar Energy
Western & Southern Financial Group
2013 Risk and Insurance Management Society, Inc. (RIMS) II - 16 U.S. Participant List
2013 Risk Management Compensation Survey

U.S. Participant Demographics

The 2013 Risk Management Compensation Survey contains compensation data for 11 jobs from 1,971 individual respondents from 1,561 U.S.
organizations. The charts on the following pages display the distribution of U.S. participants by organization size, industry, ownership type, and
geographic region. A chart on the function to which the top risk management executive reports to is also presented.

2013 Risk and Insurance Management Society, Inc. (RIMS) III - 1 U.S. Participant Demographics
The 2013 Risk Management Compensation Survey contains compensation data for 11 jobs from 1,971 2013 Risk Management
individual respondents fromCompensation
1,561 U.S. Survey
organizations. The charts on the following pages display the distribution of U.S. participants by organization size, industry, ownership type, and
geographic region. A chart on the function to which the top risk management executive reports to is also presented.

U.S. Participant Demographics

Ownership Type

# of Percent of
Ownership Type Resp. Respondents
Percent of Respondents
50.0% 46.0%
45.0%
Publicly Traded 907 46.0%
40.0%
35.0%
Private 578 29.3% 29.3%
30.0%
25.0%
Government 237 12.0% 20.0%
15.0%
12.0% 10.2%
Not-for-Profit 202 10.2% 10.0%
5.0% 2.4%
0.0%
Other/Not Specified 47 2.4%
Publicly Traded Private Government Not-for-Profit Other/Not Specified

Revenue

# of Percent of
Revenue Resp. Respondents Percent of Respondents
35.0%

Less than $100 Million 143 7.3%


30.0% 29.0%

$100 - $250 Million 119 6.0%


25.0%

$250 - $500 Million 157 8.0%


20.0%
17.3%
$500 Million - $1 Billion 233 11.8%
15.0%
11.8% 11.1%
$1 - $5 Billion 571 29.0% 9.6%
10.0%
7.3% 8.0%
6.0%
$5 - $10 Billion 219 11.1%
5.0%

Greater than $10 Billion 340 17.3%


0.0%
Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 Billion $5 - $10 Billion Greater than $10 Other/Not
Other/Not Specified 189 9.6% Million Million Million Billion Billion Specified

2013 Risk and Insurance Management Society, Inc. (RIMS) III - 2 U.S. Participant Demographics
2013 Risk Management Compensation Survey

U.S. Participant Demographics

Organization Type

# of Percent of
Organization Type Resp. Respondents Percent of Respondents
90.0%
78.0%
Parent 1537 78.0% 80.0%
70.0%

Subsidiary 108 5.5% 60.0%


50.0%

Division 117 5.9% 40.0%


30.0%
Single Location 101 5.1% 20.0%
5.5% 5.9% 5.1%
10.0% 5.5%
Other 108 5.5% 0.0%
Parent Subsidiary Division Single Location Other

Region
# of Percent of
Regions (defined in Section I - 11) Resp. Respondents Percent of Respondents
25.0%
North East 286 14.5% 22.1%

20.0% 18.3% 18.5%


Mid Atlantic 245 12.4%

14.5% 14.2%
15.0%
South East 280 14.2% 12.4%

10.0%
Mississippi Valley 435 22.1%

5.0%
Mountain 361 18.3%

0.0%
Western 364 18.5% North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) III - 3 U.S. Participant Demographics
2013 Risk Management Compensation Survey

U.S. Participant Demographics

Industry

# of Percent of
Percent of Respondents
Industry Resp. Respondents 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0%
Agriculture 20 1.0%
Agriculture 1.0%
Business/Info
25 1.3% Business/Info Services/Consulting/Legal/Accounting 1.3%
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 3.9%
Chemical/Pharmaceutical/Biotechnology 77 3.9%
Computer Software/Services 1.3%
Computer Software/Services 25 1.3%
Construction/Engineering/Architectural 70 3.6% Construction/Engineering/Architectural 3.6%

Education 84 4.3% Education 4.3%

Energy 100 5.1% Energy 5.1%

Entertainment & Media 35 1.8% Entertainment & Media 1.8%

Finance/Banking 91 4.6% Finance/Banking 4.6%

Government 143 7.3% Government 7.3%

Healthcare 117 5.9% Healthcare 5.9%

Hospitality 62 3.1% Hospitality 3.1%

Insurance 94 4.8% Insurance 4.8%


Mfg - Durable (includes Aerospace, Mfg - Durable (includes Aerospace, Computer/Office 8.8%
173 8.8%
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied Products) 5.5%
Mfg - Nondurable (includes Food, Paper & Allied
108 5.5% Mining/Milling/Smelting 1.2%
Products)
Mining/Milling/Smelting 23 1.2% Not-for-Profit 1.4%

Not-for-Profit 28 1.4% Real Estate 4.5%

Real Estate 89 4.5% Research & Development 0.3%


Research & Development 5 0.3% Retail 6.4%
Retail 127 6.4% Service 2.4%
Service 48 2.4% Telecommunications 1.8%
Telecommunications 35 1.8% Transportation 5.2%
Transportation 102 5.2%
Utilities 5.9%
Utilities 117 5.9%
Wholesale Distribution 2.2%
Wholesale Distribution 44 2.2%
Other 6.5%
Other 129 6.5%

2013 Risk and Insurance Management Society, Inc. (RIMS) III - 4 U.S. Participant Demographics
2013 Risk Management Compensation Survey

U.S. Participant Demographics

Who the Top Risk Management Executive reports to:

# of Percent of Percent of Respondents


Resp. Respondents 0.0% 5.0% 10.0% 15.0% 20.0% 25.0%

Do not have a Top Risk Management Executive 25 1.3% Do not have a Top Risk Management Executive 1.3%

Treasury 408 20.7% Treasury 20.7%

Legal/Compliance Officer/Solicitor- Legal/Compliance Officer/Solicitor-General/Attorney


293 14.9% 14.9%
General/Attorney General General

CEO/VP/Board of Directors/President 242 12.3% CEO/VP/Board of Directors/President 12.3%

Other 101 5.1% Other 5.1%

Human Resources/Personnel/Employee Benefits 85 4.3% Human Resources/Personnel/Employee Benefits 4.3%

COO 46 2.3% COO 2.3%

Administration/Management Board/Government Administration/Management Board/Government


50 2.5% Services 2.5%
Services

Mayor/Governor/Premier 0.2%
Mayor/Governor/Premier 4 0.2%

Did Not Indicate 0.4%


Did Not Indicate 7 0.4%

Size of Department

n The average reported number of employees in the risk management department is 8.14 while the median is 4.00.

2013 Risk and Insurance Management Society, Inc. (RIMS) III - 5 U.S. Participant Demographics
2013 Risk Management Compensation Survey

U.S. Participant Demographics

Respondent Age

# of Percent of
Age Resp. Respondents 35.0%
Percent of Respondents
29.9%
Less than 30 43 2.2% 30.0%
25.5%
25.0%
30 - 39 229 11.6%
19.2%
20.0%
40 - 49 503 25.5%
15.0%
11.6% 11.6%
50 - 59 589 29.9% 10.0%

60 or Higher 229 11.6% 5.0% 2.2%


0.0%
No Response 378 19.2%
Less than 30 30 - 39 40 - 49 50 - 59 60 or Higher No Response

n The average respondent age reported is 49.07 while the median is 50.00.
Years in Current Position

# of Percent of
Years in Current Position Resp. Respondents Percent of Respondents
20.0%
18.6%
Less than 1 year 33 1.7% 18.0%
16.3%
1 to 2 years 366 18.6% 16.0%
14.5%
14.0% 13.0%
3 to 4 years 286 14.5%
11.3% 11.7%
12.0%
5 to 6 years 322 16.3% 9.4%
10.0%

7 to 8 years 223 11.3% 8.0%

6.0%
9 to 10 years 186 9.4%
4.0% 3.5%
11 to 15 years 256 13.0% 1.7%
2.0%
More than 15 years 231 11.7% 0.0%
Less than 1 1 to 2 years 3 to 4 years 5 to 6 years 7 to 8 years 9 to 10 years 11 to 15 years More than 15 No Response
No Response 68 3.5% year years

n The average years respondents reported being at their current position is 7.86 while the median is 6.00.

2013 Risk and Insurance Management Society, Inc. (RIMS) III - 6 U.S. Participant Demographics
2013 Risk Management Compensation Survey

U.S. Participant Demographics

Gender

# of Percent of
Gender Resp. Respondents
Percent of Respondents
60.0%
54.3%

50.0%
Male 1,070 54.3% 43.6%
40.0%

30.0%
Female 860 43.6%
20.0%

10.0%

No Response 41 2.1% 2.1%


0.0%
Male Female No Response

2013 Risk and Insurance Management Society, Inc. (RIMS) III - 7 U.S. Participant Demographics
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) III - 8 U.S. Participant Demographics
2013 Risk Management Compensation Survey

All Positions - United States


Cash Compensation (All dollar amounts are displayed in USD $000s)
Job Title Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Chief Risk Officer | Vice President - Risk
Management | Vice President - Strategic 211 $184.2 $148.5 $178.0 $206.0 165 $55.5 $30.0 $45.0 $70.0 113 33.0% 30.0% 211 $227.6 $170.0 $223.0 $265.0 20.5 20.0
and Enterprise Risk

Director - Business Continuity/Financial/IT


22 $141.7 $125.0 $145.9 $153.0 19 $28.5 $15.0 $25.0 $43.0 16 26.0% 23.0% 22 $166.4 $140.0 $162.2 $183.0 12.3 12.5
Risk Management

Director - Enterprise Risk Management


(ERM)/Strategic Risk Management / Risk 123 $135.3 $112.7 $130.0 $157.2 82 $25.1 $9.0 $20.0 $33.0 59 19.0% 20.0% 123 $152.0 $120.0 $135.0 $180.0 14.5 13.0
Intelligence

Director - Insurance and Risk Management 770 $133.4 $105.0 $129.0 $154.0 493 $33.2 $13.0 $25.0 $44.5 348 23.0% 20.0% 770 $154.6 $111.0 $142.9 $184.0 20.0 20.0

Manager - Insurance Management 359 $102.1 $85.0 $99.0 $115.0 216 $15.4 $6.2 $11.0 $20.0 144 19.0% 15.0% 359 $111.4 $88.0 $104.5 $129.0 15.4 14.0

Employee Benefits/Workers Compensation


45 $84.4 $67.0 $82.0 $97.0 20 $8.1 $3.5 $6.8 $11.0 11 10.0% 10.0% 45 $88.0 $70.3 $85.0 $106.0 14.2 12.0
Claims Manager

Claims Manager 112 $86.9 $70.1 $85.5 $100.1 51 $15.9 $4.6 $10.0 $20.0 29 22.0% 15.0% 112 $94.1 $71.5 $87.2 $109.0 16.6 15.0

Environmental, Health or Safety Manager 33 $91.6 $72.5 $94.0 $104.0 17 $17.3 $9.6 $13.0 $30.0 12 20.0% 20.0% 33 $100.5 $72.5 $96.8 $119.5 14.9 12.0

Risk Management Analyst (Enterprise-Wide) 79 $76.5 $63.0 $72.5 $87.0 38 $7.7 $2.0 $4.0 $8.0 30 9.0% 10.0% 79 $80.2 $64.2 $77.5 $91.0 9.4 6.0

Risk Management Analyst 202 $69.6 $57.0 $67.9 $80.0 103 $6.0 $2.2 $4.0 $7.4 46 12.0% 10.0% 202 $72.7 $58.0 $71.0 $82.0 9.8 8.0

Claims Analyst 15 $64.2 $49.0 $63.0 $80.0 7 $4.5 -- $1.2 -- 5 24.0% 10.0% 15 $66.3 $49.0 $63.8 $80.0 9.3 5.0

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 1 All Jobs Summary - US Data
2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 2 All Jobs Summary - US Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$300.0
All Respondents 211 $184.2 $227.6
espondents $250.0

$244.7
Publicly Traded 93 $192.8 $244.7

$227.6

$224.5
$219.4
licly Traded $200.0

$196.4
$192.8
$184.2

$175.7
Private 80 $175.7 $219.4 $150.0

$168.6
$155.0
Government 12 $155.0 $168.6 $100.0

$50.0
Not-for-Profit 24 $196.4 $224.5

$0.0

$0.0
$0.0
Other 2 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$300.0

All Respondents 211 $184.2 $227.6

$276.2
$250.0
Less than $100
24 $157.4 $184.4

$233.3
$230.8
Million

$228.2
$227.6

$215.8
$214.8
$200.0
$100 - $250
250 Million 18 $149.1 $178.8

$195.9

$192.0
Million

$184.4
$184.2

$183.4
$183.5
$178.8
$250 - $500 $150.0
$157.4
500 Million 9 $195.9 $214.8

$149.1
Million

$500 Million - $1 Billion 28 $183.5 $228.2 $100.0

$1 - $5
- $5 Billion 75 $183.4 $230.8 $50.0
Billion
$5 - $10
- $10 Billion 21 $192.0 $233.3
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
34 $215.8 $276.2 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 3 US Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$300.0
All Respondents 211 $184.2 $227.6
$250.0

$244.5

$242.9
HS/Associate 14 $175.2 $214.3

$227.6

$221.7

$219.9
$200.0

$214.3

$205.1

$188.7
$184.2
Bachelors 97 $179.7 $221.7

$179.7
$175.2

$165.6
$150.0

MA/MS 18 $165.6 $205.1 $100.0

MBA 56 $188.7 $244.5 $50.0

$0.0
JD 17 $219.9 $242.9 All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$300.0
All Respondents 211 $184.2 $227.6
$250.0

$241.6
No 16 $161.7 $196.9

$233.7
$227.6

$217.6
$200.0

$197.6
$196.9

$185.7
$185.6
$184.2

1 or Fewer 15 $163.8 $185.6

$175.1
$150.0

$163.8
$161.7
From 1 to 3 46 $175.1 $217.6 $100.0

From 3 to 5 44 $185.7 $233.7 $50.0

$0.0
More than 5 62 $197.6 $241.6 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 4 US Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s) $0.0 $50.0 $100.0 $150.0 $200.0 $250.0 $300.0 $350.0

All Respondents 211 $184.2 $227.6 All Respondents


$184.2
$227.6
Business/Info $172.6
8 $172.6 $204.8 Business/Info Services/Consulting/Legal/Accounting
Services/Consulting/Legal/Accounting $204.8

$168.6
Construction/Engineering/Architectural 6 $168.6 $179.2 Construction/Engineering/Architectural
$179.2

Energy 8 $171.4 $222.0 $171.4


Energy
$222.0

Entertainment & Media 6 $199.8 $237.5 Entertainment & Media


$199.8
$237.5
Finance/Banking 7 $183.2 $234.3 $183.2
Finance/Banking
$234.3
Government 4 -- -- $0.0
Government
$0.0

Healthcare 22 $192.0 $218.3 $192.0


Healthcare
$218.3
$180.1
Hospitality 8 $180.1 $209.6 Hospitality
$209.6

$221.9
Insurance 13 $221.9 $242.2 Insurance
$242.2

Mfg - Durable (includes Aerospace, Mfg - Durable (includes Aerospace, Computer/Office $187.8
16 $187.8 $242.2 Equipment, Electronics) $242.2
Computer/Office Equipment, Electronics)
$186.7
Mfg - Nondurable (includes Food, Paper & Allied Mfg - Nondurable (includes Food, Paper & Allied Products)
10 $186.7 $255.0 $255.0
Products)
$0.0
Not-for-Profit
Not-for-Profit 2 -- -- $0.0

$165.5
Real Estate
Real Estate 19 $165.5 $214.0 $214.0
$190.0
Retail
$238.2
Retail 15 $190.0 $238.2
$161.0
Service
Service 11 $161.0 $199.4 $199.4

$174.3
Transportation
Transportation 14 $174.3 $229.2 $229.2

$201.6
Utilities
Utilities 7 $201.6 $305.3 $305.3

$186.5
Wholesale Distribution 9 $186.5 $219.5 Wholesale Distribution
$219.5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 5 US Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$300.0
All Respondents 211 $184.2 $227.6

$250.0
East Region North East 34 $189.0 $232.8

$244.0

$240.4
$235.2
$232.8
$227.6
$200.0

$205.0
$202.5

$197.6
ntic Region Mid Atlantic 23 $179.5 $235.2

$193.8
$189.0
$184.2

$179.5

$170.2
$168.5
$150.0
East Region South East 28 $168.5 $202.5

$100.0
Mississippi Valley 50 $193.8 $244.0

$50.0
tain Region Mountain 41 $170.2 $205.0

$0.0
tern Region Western 35 $197.6 $240.4 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 6 US Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 22 $141.7 $166.4

$171.3

$169.5
$160.0

$166.4

$163.7
espondents
$140.0

$148.5
$144.3
$141.7

$139.8
Publicly Traded 10 $144.3 $171.3
licly Traded $120.0

$100.0
Private 6 $139.8 $169.5
$80.0

Government 0 -- -- $60.0

$40.0
Not-for-Profit 5 $148.5 $163.7 $20.0

$0.0

$0.0
$0.0
Other 1 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

$0.0

$0.0
Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$180.0

All Respondents 22 $141.7 $166.4

$169.6
$160.0

Less than $100 $140.0 $166.4

$145.2
2 -- --
$141.7

Million
$120.0
$100 - $250
250 Million 2 -- --
Million $100.0
$250 - $500
500 Million 4 -- -- $80.0
Million

$500 Million - $1 Billion 2 -- -- $60.0

$1 - $5 $40.0
- $5 Billion 7 $145.2 $169.6
Billion
$20.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 1 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
3 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 7 US Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$250.0
All Respondents 22 $141.7 $166.4

$200.0
HS/Associate 0 -- --

$196.6
$168.4
$166.4

$164.6
$150.0

$151.5
Bachelors 6 $143.3 $168.4

$143.3
$141.7

$130.5
$100.0
MA/MS 5 $164.6 $196.6

$50.0
MBA 11 $130.5 $151.5

$0.0

$0.0

$0.0

$0.0
$0.0
JD 0 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$200.0
All Respondents 22 $141.7 $166.4
$180.0

$178.5
$160.0
$166.4

$160.8
No 3 -- --

$153.7
$140.0
$141.7

$135.2
$120.0
1 or Fewer 2 -- --
$100.0
$80.0
From 1 to 3 5 $135.2 $160.8
$60.0
$40.0
From 3 to 5 6 $153.7 $178.5
$20.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 2 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 8 US Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management

Average Compensation by Industry

No Breakdowns Available - Insufficient Sample Size

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$180.0
All Respondents 22 $141.7 $166.4

$168.8
$160.0

$166.4
East Region North East 6 $136.8 $168.8 $140.0

$141.7

$136.8
$120.0
ntic Region Mid Atlantic 3 -- --
$100.0

East Region South East 3 -- -- $80.0

$60.0
Mississippi Valley 3 -- --
$40.0

tain Region Mountain 4 -- -- $20.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
tern Region Western 3 -- -- All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 9 US Data
2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 10


2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$200.0
All Respondents 123 $135.3 $152.0 $180.0
espondents

$175.0
$160.0

$156.4
Publicly Traded 50 $150.4 $175.0

$152.0
$140.0

$150.4
licly Traded

$141.3

$136.3
$135.3
$120.0

$128.5
Private 31 $128.5 $141.3 $100.0

$110.4
$110.1
$80.0
Government 21 $110.1 $110.4 $60.0

$40.0
Not-for-Profit 19 $136.3 $156.4
$20.0

$0.0

$0.0
$0.0
Other 2 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$250.0
All Respondents 123 $135.3 $152.0

Less than $100 $200.0


10 $118.6 $129.6

$199.5
Million
$100 - $250

$171.8
250 Million 6 $127.7 $138.3 $150.0

$161.7
Million

$156.5
$152.0

$150.2
$145.7

$139.9
$138.3
$250 - $500
$135.3

$131.8
500 Million 12 $118.5 $129.3 $129.6

$129.3
$127.7
Million
$118.6

$118.5
$100.0
$500 Million - $1 Billion 16 $131.8 $145.7

$1 - $5 $50.0
- $5 Billion 46 $139.9 $156.5
Billion
$5 - $10
- $10 Billion 9 $150.2 $171.8
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
13 $161.7 $199.5 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 11 US Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence

Average Compensation by Degree

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 123 $135.3 $152.0
$160.0

$157.6
$157.2
$152.0

$151.2
HS/Associate 3 -- -- $140.0

$141.6

$140.4

$135.6
$135.3

$134.7

$129.8
$120.0

Bachelors 50 $134.7 $151.2 $100.0

$80.0
MA/MS 18 $129.8 $141.6
$60.0

$40.0
MBA 37 $140.4 $157.2
$20.0

$0.0

$0.0
JD 9 $135.6 $157.6 $0.0
All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$200.0
All Respondents 123 $135.3 $152.0
$180.0

$173.6
$160.0

$162.3
No 25 $123.9 $134.6 $152.0
$140.0

$148.4

$148.3
$147.1

$140.4

$135.7
$135.3

$135.1
$134.6
$120.0

$123.9
1 or Fewer 18 $135.1 $147.1
$100.0
$80.0
From 1 to 3 31 $140.4 $162.3
$60.0
$40.0
From 3 to 5 21 $148.4 $173.6
$20.0
$0.0
More than 5 15 $135.7 $148.3 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 12 US Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s)
$0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 $160.0 $180.0 $200.0
All Respondents 123 $135.3 $152.0 $135.3
All Respondents
$152.0
Chemical/Pharmaceutical/Biotechnology 6 $144.7 $166.7 $144.7
Chemical/Pharmaceutical/Biotechnology
$166.7
Energy 5 $123.4 $132.2 $123.4
Energy
$132.2

Finance/Banking 10 $148.4 $171.8 $148.4


Finance/Banking
$171.8

Government 9 $110.8 $111.3 $110.8


Government
$111.3

Healthcare 8 $138.3 $162.0 Healthcare


$138.3
$162.0

Insurance 15 $121.0 $132.1 $121.0


Insurance
$132.1
Mfg - Durable (includes Aerospace, Mfg - Durable (includes Aerospace, Computer/Office $142.4
14 $142.4 $160.9
Computer/Office Equipment, Electronics) Equipment, Electronics) $160.9
Mfg - Nondurable (includes Food, Paper & Allied $124.0
5 $124.0 $138.0 Mfg - Nondurable (includes Food, Paper & Allied Products)
Products) $138.0

$139.5
Retail 6 $139.5 $153.8 Retail
$153.8

$142.5
Transportation 6 $142.5 $176.7 Transportation
$176.7

$130.3
Utilities 9 $130.3 $139.4 Utilities
$139.4

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 13 US Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence

Average Compensation by Region

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 123 $135.3 $152.0
$160.0

$164.9

$157.0
$154.2

$152.7
$152.0
East Region North East 19 $140.9 $154.2 $140.0

$142.5
$140.9
$140.9

$137.7
$135.3

$134.8

$132.3

$130.7
$120.0

$126.8
ntic Region Mid Atlantic 10 $140.9 $164.9
$100.0

East Region South East 13 $126.8 $134.8 $80.0

$60.0
Mississippi Valley 24 $132.3 $152.7
$40.0

tain Region Mountain 17 $130.7 $142.5 $20.0

$0.0
tern Region Western 40 $137.7 $157.0 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 14 US Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$200.0
All Respondents 770 $133.4 $154.6 $180.0
espondents

$180.7
$160.0

$154.6
Publicly Traded 346 $148.2 $180.7 $140.0

$148.2

$147.3
licly Traded

$133.4
$120.0

$128.4

$128.3
$122.8

$117.9
Private 229 $128.4 $147.3 $100.0

$105.4
$107.9
$106.5
$80.0
Government 101 $106.5 $107.9 $60.0

$40.0
Not-for-Profit 77 $122.8 $128.3
$20.0

$0.0
Other 17 $105.4 $117.9 All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$250.0
All Respondents 770 $133.4 $154.6

Less than $100 $200.0

$206.1
51 $105.5 $109.6
Million

$175.2
$100 - $250
250 Million 53 $112.5 $120.8

$165.7
Million $150.0

$155.1
$154.6

$147.4
$250 - $500

$134.1
$133.4

$132.2
$130.9
500 Million 71 $116.1 $130.9
Million

$120.8

$119.1
$116.1
$112.5
$100.0
$109.6
$105.5

$500 Million - $1 Billion 103 $119.1 $132.2

$1 - $5 $50.0
- $5 Billion 225 $134.1 $155.1
Billion
$5 - $10
- $10 Billion 92 $147.4 $175.2
Billion $0.0
Greater than All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
143 $165.7 $206.1 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 15 US Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management

Average Compensation by Degree

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 770 $133.4 $154.6
$160.0

$168.7

$155.4
$154.6

$154.2
$140.0
HS/Associate 46 $122.3 $141.3

$141.3

$141.2

$140.7
$133.4

$133.1

$131.4
$120.0

$122.3

$118.8
Bachelors 372 $133.1 $154.2 $100.0

$80.0
MA/MS 66 $118.8 $131.4
$60.0

$40.0
MBA 204 $141.2 $168.7
$20.0

JD 50 $140.7 $155.4 $0.0


All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 770 $133.4 $154.6
$160.0

$167.1

$162.8
$155.4
$154.6

$151.6
$140.0

$143.7
No 135 $119.7 $135.2

$138.7
$135.2

$135.1
$133.4

$120.0

$127.6
$119.7
1 or Fewer 110 $127.6 $151.6 $100.0

$80.0

From 1 to 3 230 $135.1 $155.4 $60.0

$40.0
From 3 to 5 132 $143.7 $167.1
$20.0

$0.0
More than 5 105 $138.7 $162.8 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 16 US Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s)
$0.0 $50.0 $100.0 $150.0 $200.0 $250.0
All Respondents 770 $133.4 $154.6 $133.4
All Respondents $154.6
Agriculture 11 $135.5 $164.2 $135.5
Agriculture $164.2
Business/Info
7 $164.8 $207.0 Business/Info Services/Consulting/Legal/Accounting
$164.8
Services/Consulting/Legal/Accounting $207.0

Chemical/Pharmaceutical/Biotechnology 34 $143.8 $176.7 $143.8


Chemical/Pharmaceutical/Biotechnology $176.7
Computer Software/Services 8 $143.9 $164.5 Computer Software/Services
$143.9
$164.5
Construction/Engineering/Architectural 30 $133.6 $148.8 Construction/Engineering/Architectural
$133.6
$148.8
Education 51 $115.9 $116.6 $115.9
Education $116.6
Energy 38 $152.7 $190.2 $152.7
Energy $190.2
Entertainment & Media 15 $151.8 $186.9 $151.8
Entertainment & Media $186.9
Finance/Banking 32 $150.0 $188.6
$150.0
Finance/Banking $188.6
Government 67 $103.5 $105.2
$103.5
Government $105.2
Healthcare 42 $132.3 $147.3
$132.3
Healthcare $147.3
Hospitality 22 $122.6 $141.6
$122.6
Hospitality
Insurance 24 $128.7 $148.7 $141.6
$128.7
Mfg - Durable (includes Aerospace, Insurance $148.7
68 $146.0 $173.6
Computer/Office Equipment, Electronics) $146.0
Mfg - Durable (includes Aerospace, Computer/Office Equipment, $173.6
Mfg - Nondurable (includes Food, Paper & Allied
50 $144.4 $175.4 $144.4
Products) Mfg - Nondurable (includes Food, Paper & Allied Products) $175.4
Mining/Milling/Smelting 6 $165.7 $201.7 $165.7
Mining/Milling/Smelting $201.7
Not-for-Profit 14 $113.4 $114.8 $113.4
Not-for-Profit $114.8
Real Estate 40 $138.1 $157.3 $138.1
Real Estate $157.3
Retail 48 $136.1 $158.7 $136.1
Retail $158.7
Service 15 $120.2 $131.5 $120.2
Service $131.5
Telecommunications 15 $139.7 $158.4 $139.7
Telecommunications $158.4
Transportation 34 $115.5 $134.8 $115.5
Transportation $134.8
Utilities 29 $137.9 $166.4 $137.9
Utilities $166.4
Wholesale Distribution 13 $134.6 $156.8 $134.6
Wholesale Distribution $156.8
Other 55 $133.8 $159.1 $133.8
Other $159.1

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 17 US Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$200.0
All Respondents 770 $133.4 $154.6
$180.0

$184.0
East Region North East 141 $154.5 $184.0 $160.0

$154.5
$154.6

$151.3

$151.0

$148.5
$140.0

$146.9
$142.1
ntic Region Mid Atlantic 91 $132.0 $151.3

$133.4

$132.1
$132.0

$130.0
$120.0

$126.4
$123.2
$100.0
East Region South East 119 $123.2 $142.1
$80.0

Mississippi Valley 161 $130.0 $151.0 $60.0

$40.0

tain Region Mountain 135 $126.4 $148.5 $20.0

$0.0
tern Region Western 123 $132.1 $146.9 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 18 US Data
2013 Risk Management Compensation Survey

Manager - Insurance Management


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 359 $102.1 $111.4
espondents $120.0

$119.9
$111.4

$109.3

$109.1
Publicly Traded 181 $107.5 $119.9

$107.5
$100.0

$103.6
$102.1

$99.7
licly Traded

$92.0
$89.9
$96.3
$80.0

$94.0
Private 87 $99.7 $109.3
$60.0

Government 44 $94.0 $96.3


$40.0

Not-for-Profit 34 $89.9 $92.0 $20.0

$0.0
Other 13 $103.6 $109.1 All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$140.0

All Respondents 359 $102.1 $111.4

$131.1
$120.0
Less than $100

$115.3
$113.6
23 $82.2 $83.9

$111.5
$111.4

$107.2
Million $100.0

$103.4
$102.5

$102.4
$102.1

$101.7

$98.6
$100 - $250

$95.3
250 Million 17 $95.3 $101.7

$90.7
Million $80.0

$83.9
$82.2
$250 - $500
500 Million 25 $90.7 $98.6
Million $60.0

$500 Million - $1 Billion 32 $102.5 $107.2


$40.0
$1 - $5
- $5 Billion 112 $102.4 $111.5
Billion $20.0
$5 - $10
- $10 Billion 45 $103.4 $113.6
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
80 $115.3 $131.1 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 19 US Data
2013 Risk Management Compensation Survey

Manager - Insurance Management

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 359 $102.1 $111.4
$120.0

$115.4
$113.3
HS/Associate 36 $88.6 $93.6

$112.1
$111.4
$100.0

$106.6

$106.3
$105.5
$102.9
$102.1

$101.5
$93.6
$88.6
Bachelors 192 $102.9 $113.3 $80.0

$60.0
MA/MS 27 $101.5 $106.6
$40.0

MBA 76 $105.5 $115.4


$20.0

JD 8 $106.3 $112.1 $0.0


All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$160.0
All Respondents 359 $102.1 $111.4
$140.0

$135.4
No 167 $99.6 $108.2 $120.0

$115.3
$114.1

$111.7
$111.4

$108.8
$100.0

$108.2

$103.6

$102.4
$102.5
$102.1

$99.6
1 or Fewer 66 $103.6 $114.1
$80.0

$60.0
From 1 to 3 60 $102.5 $108.8
$40.0

From 3 to 5 22 $102.4 $111.7 $20.0

$0.0
More than 5 19 $115.3 $135.4 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 20 US Data
2013 Risk Management Compensation Survey

Manager - Insurance Management

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s)
$0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 $160.0
All Respondents 359 $102.1 $111.4 $102.1
All Respondents
$111.4
Business/Info
6 $99.3 $104.9 $99.3
Services/Consulting/Legal/Accounting Business/Info Services/Consulting/Legal/Accounting
$104.9
Chemical/Pharmaceutical/Biotechnology 13 $118.4 $130.4 $118.4
Chemical/Pharmaceutical/Biotechnology
$130.4
Construction/Engineering/Architectural 15 $113.2 $120.4 $113.2
Construction/Engineering/Architectural
$120.4
Education 7 $86.5 $89.7 $86.5
Education
$89.7
Energy 24 $119.3 $143.3 $119.3
Energy
$143.3
Finance/Banking 17 $101.9 $117.7
$101.9
Finance/Banking
$117.7
Government 26 $91.4 $91.6
$91.4
Government
$91.6
Healthcare 23 $97.7 $104.2 $97.7
Healthcare
$104.2

Hospitality 8 $83.7 $88.7 Hospitality


$83.7
$88.7

Insurance 18 $95.2 $100.3 $95.2


Insurance
$100.3
Mfg - Durable (includes Aerospace, Mfg - Durable (includes Aerospace, Computer/Office $106.3
37 $106.3 $116.3
Computer/Office Equipment, Electronics) Equipment, Electronics) $116.3

Mfg - Nondurable (includes Food, Paper & Allied Mfg - Nondurable (includes Food, Paper & Allied Products)
$109.4
19 $109.4 $119.6 $119.6
Products)
$106.3
Mining/Milling/Smelting 8 $106.3 $111.6 Mining/Milling/Smelting
$111.6
$90.6
Not-for-Profit 6 $90.6 $91.4 Not-for-Profit
$91.4
$98.1
Real Estate 11 $98.1 $107.4 Real Estate
$107.4
$97.6
Retail 18 $97.6 $105.6 Retail
$105.6
$102.0
Telecommunications 5 $102.0 $117.3 Telecommunications
$117.3
$95.7
Transportation 19 $95.7 $106.1 Transportation
$106.1
$104.5
Utilities 32 $104.5 $114.8 Utilities
$114.8
$95.7
Wholesale Distribution 9 $95.7 $103.5 Wholesale Distribution
$103.5
$103.9
Other 23 $103.9 $114.9 Other
$114.9

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 21 US Data
2013 Risk Management Compensation Survey

Manager - Insurance Management

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$140.0
All Respondents 359 $102.1 $111.4

$120.0

$120.9
$118.7
East Region North East 45 $108.0 $118.7

$111.4

$110.6

$108.8
$108.0

$107.1

$107.0
$100.0

$103.8
$102.1

$100.6
$100.6
$99.8
ntic Region Mid Atlantic 46 $99.8 $107.1

$92.9
$80.0

East Region South East 42 $92.9 $100.6


$60.0

Mississippi Valley 105 $100.6 $110.6


$40.0

tain Region Mountain 60 $107.0 $120.9 $20.0

tern Region Western 61 $103.8 $108.8 $0.0


All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 22 US Data
2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 45 $84.4 $88.0
espondents $100.0

$98.1
$93.3
Publicly Traded 17 $84.6 $90.0

$96.7
$96.7
$90.0
$88.0
licly Traded $80.0

$84.6
$84.4

$75.4
$72.5
Private 13 $72.5 $75.4 $60.0

Government 7 $96.7 $96.7 $40.0

$20.0
Not-for-Profit 7 $93.3 $98.1

$0.0

$0.0
$0.0
Other 1 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 45 $84.4 $88.0

$112.8
$106.4
$100.0
Less than $100
9 $80.3 $81.3

$94.2
Million

$88.8
$88.0

$80.0
$84.4

$100 - $250

$81.3
$80.3
250 Million 0 -- --
Million
$250 - $500 $60.0
500 Million 2 -- --
Million

$500 Million - $1 Billion 5 $106.4 $112.8 $40.0

$1 - $5
- $5 Billion 9 $88.8 $94.2 $20.0
Billion
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 3 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
2 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 23 US Data
2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager

Average Compensation by Degree

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 45 $84.4 $88.0
$100.0

$104.8
$97.0
HS/Associate 10 $79.3 $82.3

$88.0

$86.5
$80.0

$84.4

$82.8
$82.3
$79.3
Bachelors 25 $82.8 $86.5
$60.0

MA/MS 5 $97.0 $104.8 $40.0

MBA 2 -- -- $20.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 0 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 45 $84.4 $88.0
$120.0

$116.2
No 17 $70.8 $72.8

$108.9
$100.0

$88.2
$88.0

$80.0
$84.4

$84.0
1 or Fewer 5 $74.6 $78.3

$78.3
$74.6
$72.8
$60.0 $70.8
From 1 to 3 8 $84.0 $88.2
$40.0

From 3 to 5 2 -- -- $20.0

$0.0

$0.0
$0.0
More than 5 8 $108.9 $116.2 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 24 US Data
2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
$0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0
Industry Resp. Salary ($000s) Comp ($000s)
$84.4
All Respondents 45 $84.4 $88.0 All Respondents
$88.0

$74.4
Government 5 $74.4 $74.4 Government
$74.4

$90.2
Healthcare 5 $90.2 $96.2 Healthcare
$96.2

$73.8
Retail 6 $73.8 $78.8 Retail
$78.8

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$100.0
All Respondents 45 $84.4 $88.0

$94.2
$90.0

$94.0
$93.7
$90.8
$88.0

$86.8
$84.4
East Region North East 4 -- -- $80.0

$81.9
$74.6
$70.0

$70.7
ntic Region Mid Atlantic 1 -- --
$60.0

$50.0
East Region South East 7 $70.7 $74.6
$40.0

Mississippi Valley 8 $90.8 $94.2 $30.0

$20.0

tain Region Mountain 8 $93.7 $94.0


$10.0
$0.0

$0.0

$0.0

$0.0
$0.0
tern Region Western 17 $81.9 $86.8 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 25 US Data
2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 26


2013 Risk Management Compensation Survey

Claims Manager
Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 112 $86.9 $94.1
espondents $100.0

$104.7
$104.2

$103.8
$94.1

$92.7
Publicly Traded 58 $92.7 $104.2

$86.9
licly Traded $80.0

$80.6

$84.5
$83.9
$76.7
Private 34 $76.7 $80.6 $60.0

Government 10 $83.9 $84.5 $40.0

$20.0
Not-for-Profit 6 $103.8 $104.7

$0.0

$0.0
$0.0
Other 4 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$140.0

All Respondents 112 $86.9 $94.1


$120.0

$124.7
Less than $100
9 $82.5 $83.6
Million $100.0

$104.6

$104.4
$100 - $250
$94.1

$93.9
$92.3
250 Million 5 $79.8 $81.8

$90.4

$88.3
Million
$86.9

$80.0

$84.2
$84.0
$83.6
$82.5

$82.5
$81.8
$79.8
$250 - $500
500 Million 8 $84.0 $90.4
Million $60.0

$500 Million - $1 Billion 8 $82.5 $84.2


$40.0
$1 - $5
- $5 Billion 18 $88.3 $92.3
Billion $20.0
$5 - $10
- $10 Billion 11 $93.9 $104.6
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
20 $104.4 $124.7 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 27 US Data
2013 Risk Management Compensation Survey

Claims Manager

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 112 $86.9 $94.1
$100.0

$101.9

$98.2
$96.8
HS/Associate 19 $73.0 $75.4

$94.5
$94.1

$92.4
$89.2
$86.9
$80.0

$75.4
$73.0
Bachelors 68 $89.2 $96.8
$60.0

MA/MS 6 $94.5 $101.9 $40.0

MBA 9 $92.4 $98.2 $20.0

$0.0

$0.0
$0.0
JD 2 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 112 $86.9 $94.1
$120.0

$125.6
No 50 $81.7 $86.5

$108.8
$100.0

$102.8
$96.6
$96.2
$94.1

$87.8
$80.0
$86.9

$86.5

$85.5
1 or Fewer 17 $83.2 $87.8

$83.2
$60.0 $81.7
From 1 to 3 14 $85.5 $96.2
$40.0

From 3 to 5 8 $108.8 $125.6 $20.0

$0.0
More than 5 14 $96.6 $102.8 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 28 US Data
2013 Risk Management Compensation Survey

Claims Manager

Average Compensation by Industry


Average Base Salary ($000s) Average Total Comp ($000s)
# of Average Base Average Total
Industry Resp. Salary ($000s) Comp ($000s)
$0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0
All Respondents 112 $86.9 $94.1 $86.9
All Respondents
$94.1

Construction/Engineering/Architectural 6 $89.2 $96.5 $89.2


Construction/Engineering/Architectural
$96.5

Education 5 $76.2 $76.2 $76.2


Education
$76.2

Energy 5 $101.6 $131.5 $101.6


Energy
$131.5

Finance/Banking 6 $83.8 $92.3 $83.8


Finance/Banking
$92.3

Government 8 $72.0 $72.3 $72.0


Government
$72.3

$77.6
Hospitality 9 $77.6 $85.5 Hospitality
$85.5

$84.7
Retail 13 $84.7 $89.6 Retail
$89.6

$91.9
Service 6 $91.9 $94.9 Service
$94.9

$90.5
Transportation 11 $90.5 $98.4 Transportation
$98.4

$89.7
Utilities 6 $89.7 $101.6 Utilities
$101.6

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 29 US Data
2013 Risk Management Compensation Survey

Claims Manager

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$120.0
All Respondents 112 $86.9 $94.1

$100.0

$101.0

$99.9
East Region North East 10 $97.5 $101.0

$97.5

$97.3

$95.3
$94.1

$91.9
$91.2

$91.0
$86.9
$80.0

$85.0
$82.9
$82.8

$79.6
ntic Region Mid Atlantic 21 $91.2 $97.3

$60.0
East Region South East 15 $82.8 $91.9

$40.0
Mississippi Valley 21 $79.6 $82.9

$20.0
tain Region Mountain 27 $85.0 $95.3

$0.0
tern Region Western 18 $91.0 $99.9 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 30 US Data
2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 33 $91.6 $100.5

$109.1
espondents $100.0

$100.5

$97.7

$95.5
Publicly Traded 12 $89.1 $97.7

$91.6

$89.1

$93.7
$93.7
licly Traded $80.0

Private 14 $95.5 $109.1 $60.0

Government 6 $93.7 $93.7 $40.0

$20.0
Not-for-Profit 1 -- --

$0.0

$0.0

$0.0

$0.0
$0.0
Other 0 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$120.0

All Respondents 33 $91.6 $100.5

$112.2
$100.0
Less than $100
0 -- -- $100.5

$95.0
Million
$91.6

$100 - $250 $80.0


250 Million 3 -- --

$78.7
Million

$74.1
$250 - $500 $60.0
500 Million 7 $95.0 $112.2
Million

$500 Million - $1 Billion 5 $74.1 $78.7 $40.0

$1 - $5
- $5 Billion 4 -- --
Billion $20.0
$5 - $10
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
- $10 Billion 1 -- --
Billion $0.0
Greater than All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
3 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 31 US Data
2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 33 $91.6 $100.5

$114.1
$108.4
$100.0

$100.5

$96.9
HS/Associate 3 -- --

$91.6

$87.8
$80.0

Bachelors 18 $87.8 $96.9


$60.0

MA/MS 7 $108.4 $114.1


$40.0

MBA 4 -- -- $20.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
JD 0 -- -- $0.0
All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 33 $91.6 $100.5
$120.0

$122.0
No 15 $86.1 $91.6
$100.0

$105.0
$100.5
$91.6

$91.6
$80.0

$86.1
1 or Fewer 3 -- --

$60.0
From 1 to 3 4 -- --
$40.0

From 3 to 5 4 -- -- $20.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 6 $105.0 $122.0 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 32 US Data
2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0

$91.6
All Respondents 33 $91.6 $100.5 All Respondents
$100.5

Government 5 $93.2 $93.2 $93.2


Government
$93.2

Mfg - Nondurable (includes Food, Paper & Allied $109.7


6 $109.7 $116.5 Mfg - Nondurable (includes Food, Paper & Allied
Products)
Products) $116.5

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$120.0
All Respondents 33 $91.6 $100.5

$109.1
$100.0

$103.1
$100.5
East Region North East 4 -- --

$97.2
$91.6
$80.0

$82.4
ntic Region Mid Atlantic 4 -- --

$78.9
$76.1
$60.0
East Region South East 8 $76.1 $78.9

$40.0
Mississippi Valley 3 -- --

$20.0
tain Region Mountain 7 $82.4 $97.2
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
tern Region Western 7 $103.1 $109.1 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 33 US Data
2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 34


2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$100.0
All Respondents 79 $76.5 $80.2 $90.0
espondents

$86.4
$80.0

$80.8
$80.2

$80.1

$77.4
Publicly Traded 27 $75.4 $80.1

$76.5

$75.8
$75.4
$70.0
licly Traded

$74.1
$73.8
$60.0
Private 25 $80.8 $86.4 $50.0

$40.0
Government 13 $73.8 $74.1 $30.0

$20.0
Not-for-Profit 10 $75.8 $77.4
$10.0

$0.0

$0.0
$0.0
Other 4 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$100.0

All Respondents 79 $76.5 $80.2 $90.0

$87.8
$80.0

$84.5
Less than $100

$81.5
5 $66.9 $69.5 $80.2

$78.9
$78.9

$78.2
$77.4
$77.3
Million
$76.5

$76.1

$75.5
$70.0

$72.8
$72.3
$69.5
$100 - $250

$66.9
250 Million 7 $77.3 $78.9 $60.0
Million
$250 - $500 $50.0
500 Million 5 $76.1 $78.9
Million
$40.0
$500 Million - $1 Billion 9 $72.3 $75.5 $30.0

$1 - $5 $20.0
- $5 Billion 23 $84.5 $87.8
Billion
$10.0
$5 - $10
- $10 Billion 10 $72.8 $77.4
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
6 $78.2 $81.5 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 35 US Data
2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)

Average Compensation by Degree

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$90.0
All Respondents 79 $76.5 $80.2
$80.0

$83.5
$80.5
$80.2

$77.0
$76.5
$70.0

$72.6
HS/Associate 8 $69.8 $71.5

$71.5
$69.8
$60.0

Bachelors 41 $72.6 $77.0 $50.0

$40.0
MA/MS 4 -- --
$30.0

$20.0
MBA 18 $80.5 $83.5
$10.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 2 -- --
All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 79 $76.5 $80.2
$100.0

$103.8
No 59 $72.0 $75.3

$96.4

$88.4
$80.0

$86.2
$80.2
$76.5

$75.3
1 or Fewer 9 $96.4 $103.8

$72.0
$60.0

From 1 to 3 10 $86.2 $88.4 $40.0

From 3 to 5 0 -- -- $20.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 1 -- --
All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 36 US Data
2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0

All Respondents 79 $76.5 $80.2 $76.5


All Respondents
$80.2

$102.8
Chemical/Pharmaceutical/Biotechnology 5 $102.8 $113.2 Chemical/Pharmaceutical/Biotechnology
$113.2

$82.2
Finance/Banking 6 $82.2 $84.7 Finance/Banking
$84.7

$69.8
Government 7 $69.8 $69.8 Government
$69.8

$77.1
Insurance 9 $77.1 $79.7 Insurance
$79.7

$68.2
Retail 7 $68.2 $71.4 Retail
$71.4

$84.1
Utilities 10 $84.1 $85.9 Utilities
$85.9

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 37 US Data
2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$100.0
All Respondents 79 $76.5 $80.2
$90.0

$86.9

$85.2
$80.0

$83.8
East Region North East 5 $71.8 $72.2

$82.1
$80.2

$79.9

$78.3
$76.5

$76.1

$75.4
$70.0

$72.2
$71.8

$70.4
ntic Region Mid Atlantic 13 $76.1 $79.9 $60.0

$62.7
$50.0
East Region South East 12 $62.7 $70.4
$40.0

Mississippi Valley 16 $75.4 $78.3 $30.0

$20.0

tain Region Mountain 16 $82.1 $86.9 $10.0

$0.0
tern Region Western 17 $83.8 $85.2 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 38 US Data
2013 Risk Management Compensation Survey

Risk Management Analyst


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$80.0
All Respondents 202 $69.6 $72.7

$76.1
$74.8
$70.0

$74.0
$72.7
espondents

$70.3

$69.8
$69.6

$66.5

$68.6
$60.0

$68.6
Publicly Traded 104 $70.3 $74.0
licly Traded
$50.0

Private 58 $66.5 $69.8 $40.0

$30.0
Government 22 $68.6 $68.6
$20.0

Not-for-Profit 15 $74.8 $76.1 $10.0

$0.0

$0.0
$0.0
Other 3 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total


Revenue Resp. Salary ($000s) Comp ($000s)
Average Base Salary ($000s) Average Total Comp ($000s)
$90.0
All Respondents 202 $69.6 $72.7
$80.0

$82.8
Less than $100

$78.8

$77.9
8 $71.2 $74.9

$75.9
$74.9
$70.0

$74.2
Million

$73.7
$72.7

$71.2
$69.6

$67.8
$67.2
$100 - $250

$66.4

$65.6
$60.0

$64.5
$63.8
250 Million 8 $74.2 $78.8
Million
$50.0
$250 - $500
500 Million 14 $63.8 $66.4
Million $40.0

$500 Million - $1 Billion 24 $65.6 $67.2 $30.0

$1 - $5 $20.0
- $5 Billion 50 $73.7 $75.9
Billion
$10.0
$5 - $10
- $10 Billion 25 $64.5 $67.8
Billion $0.0
Greater than All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
36 $77.9 $82.8 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 39 US Data
2013 Risk Management Compensation Survey

Risk Management Analyst

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$90.0
All Respondents 202 $69.6 $72.7
$80.0

$83.2
$78.4
$70.0

$74.6
$74.5

$73.7
$72.7

$72.2
HS/Associate 34 $67.5 $69.8

$70.8
$69.8
$69.6

$69.1
$67.5
$60.0

Bachelors 118 $69.1 $72.2 $50.0

$40.0

MA/MS 15 $70.8 $74.5 $30.0

$20.0
MBA 21 $78.4 $83.2
$10.0

$0.0
JD 6 $73.7 $74.6 All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Supervisory Responsibility Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$90.0
All Respondents 202 $69.6 $72.7
$80.0

$80.0
$70.0

$74.9
$72.7
No 186 $69.1 $72.0

$72.0
$69.6

$69.1
$60.0

1 or Fewer 11 $74.9 $80.0 $50.0

$40.0
From 1 to 3 3 -- -- $30.0

$20.0
From 3 to 5 0 -- --
$10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 0 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 40 US Data
2013 Risk Management Compensation Survey

Risk Management Analyst

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s) $0.0 $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 $90.0 $100.0

All Respondents 202 $69.6 $72.7 All Respondents


$69.6
$72.7

Chemical/Pharmaceutical/Biotechnology 12 $82.4 $86.5 Chemical/Pharmaceutical/Biotechnology


$82.4
$86.5

Computer Software/Services 5 $78.3 $79.9 Computer Software/Services


$78.3
$79.9
Construction/Engineering/Architectural 7 $68.7 $71.4 $68.7
Construction/Engineering/Architectural
$71.4
Education 6 $69.5 $72.0 $69.5
Education
$72.0
Energy 17 $73.2 $78.8 $73.2
Energy
$78.8
Finance/Banking 9 $71.3 $73.5 $71.3
Finance/Banking
$73.5
Government 11 $67.0 $67.0 $67.0
Government
$67.0
Healthcare 9 $71.0 $73.8 $71.0
Healthcare
$73.8

Insurance 8 $73.3 $75.1 $73.3


Insurance
$75.1
Mfg - Durable (includes Aerospace, Mfg - Durable (includes Aerospace, Computer/Office $66.6
23 $66.6 $69.7
Computer/Office Equipment, Electronics) Equipment, Electronics) $69.7

Mfg - Nondurable (includes Food, Paper & Allied Mfg - Nondurable (includes Food, Paper & Allied Products)
$58.6
7 $58.6 $59.8 $59.8
Products)
$53.6
Real Estate
Real Estate 10 $53.6 $56.9 $56.9
$62.0
Retail
Retail 7 $62.0 $63.8 $63.8
$60.3
Telecommunications
Telecommunications 7 $60.3 $61.4 $61.4
$69.5
Transportation
Transportation 15 $69.5 $75.8 $75.8
$75.6
Utilities
Utilities 15 $75.6 $78.9 $78.9

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 41 US Data
2013 Risk Management Compensation Survey

Risk Management Analyst

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$100.0
All Respondents 202 $69.6 $72.7
$90.0

$85.7
East Region North East 18 $82.5 $85.7 $80.0

$82.5

$75.1
$70.0

$74.1

$73.5
$72.7

$72.0
$70.7
$69.8
$69.6

$67.2

$67.1
ntic Region Mid Atlantic 31 $69.8 $74.1

$64.6
$64.4
$60.0

$50.0
East Region South East 30 $64.4 $67.2
$40.0

Mississippi Valley 43 $64.6 $67.1 $30.0

$20.0

tain Region Mountain 41 $70.7 $73.5 $10.0

$0.0
tern Region Western 39 $72.0 $75.1 All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 42 US Data
2013 Risk Management Compensation Survey

Claims Analyst
Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$80.0
All Respondents 15 $64.2 $66.3
$70.0
espondents

$70.2
$67.0
$66.3
$60.0

$64.2
Publicly Traded 9 $67.0 $70.2
licly Traded
$50.0

Private 1 -- -- $40.0

$30.0
Government 1 -- --
$20.0

Not-for-Profit 4 -- -- $10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
Other 0 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

$0.0

$0.0
Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$70.0

All Respondents 15 $64.2 $66.3

$66.3
$60.0 $64.2
Less than $100
2 -- --
Million $50.0
$100 - $250
250 Million 0 -- --
Million $40.0
$250 - $500
500 Million 0 -- --
Million $30.0

$500 Million - $1 Billion 1 -- --


$20.0
$1 - $5
- $5 Billion 2 -- --
Billion $10.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 1 -- --
Billion $0.0
Greater than All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
0 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 43 US Data
2013 Risk Management Compensation Survey

Claims Analyst

Average Compensation by Degree

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$70.0
All Respondents 15 $64.2 $66.3

$66.3
$64.2
$60.0

$62.2
$59.9
HS/Associate 3 -- --
$50.0

Bachelors 9 $59.9 $62.2 $40.0

$30.0
MA/MS 0 -- --
$20.0

MBA 1 -- -- $10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 1 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Supervisory Responsibility Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$70.0
All Respondents 15 $64.2 $66.3

$66.3

$66.3
$64.2

$64.2
$60.0

No 15 $64.2 $66.3
$50.0

$40.0
1 or Fewer 0 -- --

$30.0
From 1 to 3 0 -- --
$20.0

From 3 to 5 0 -- -- $10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 0 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 44 US Data
2013 Risk Management Compensation Survey

Claims Analyst

Average Compensation by Industry

No Breakdowns Available - Insufficient Sample Size

Average Compensation by Region

# of Average Base Average Total


Regions (defined in Section I - 15) Resp. Salary ($000s) Comp ($000s) Average Base Salary ($000s) Average Total Comp ($000s)
$70.0
All Respondents 15 $64.2 $66.3

$66.3
$64.2
$60.0

$61.8
$61.5
East Region North East 0 -- --
$50.0

ntic Region Mid Atlantic 2 -- --


$40.0

East Region South East 3 -- --


$30.0

Mississippi Valley 1 -- -- $20.0

tain Region Mountain 5 $61.5 $61.8 $10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
tern Region Western 4 -- -- All Respondents North East Mid Atlantic South East Mississippi Valley Mountain Western

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 45 US Data
2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) IV- 46


2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Description of Responsibilities: Plans and directs all aspects of an organization's risk management policies, objectives, and initiatives. Responsible for the development and execution of the organizations enterprise risk and risk appetite
frameworks, and related processes to achieve the organizations short- and long-term strategic, financial and operational goals. Directs the development of the organizations risk practices as an interrelated risk portfolio to create, capture and
protect the enterprise value. Seeks ways to optimize risk decision making in the organization as a competitive advantage, using multiple techniques and solutions. Recognized as a dynamic, proactive and decisive risk leader. Possesses a broad-
based operational perspective, an intimate knowledge of internal business processes and understanding of the organizations industry. Adapts well to and initiates change in the organization. Demonstrates expertise in a variety of the field's
concepts, practices, and procedures. Relies on extensive personal leadership skills, network of internal and external alliances, experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of
others. A wide degree of creativity and latitude is expected. Key traits for the individual in this position are: highly developed communications, team player, change agent, strategic and creative, excellent project management skills and the
ability to drive performance from all areas within the organization.

Position level/Reporting Structure: This person typically reports to the CEO, President, Principal or Executive Director They are identified as the top risk executive in the company and may be the CFO or COO if these positions are identified as
the person responsible for all activities relating to risk within the organization.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 211 $184.2 $148.5 $178.0 $206.0 165 $55.5 $30.0 $45.0 $70.0 113 33.0% 30.0% 211 $227.6 $170.0 $223.0 $265.0 20.5 20.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 93 $192.8 $160.0 $197.0 $215.0 74 $65.1 $40.0 $54.5 $80.0 60 37.0% 30.0% 93 $244.7 $190.7 $235.0 $275.0 21.1 21.0
Private 80 $175.7 $140.0 $169.5 $200.0 67 $52.3 $20.0 $43.0 $65.0 40 32.0% 25.0% 80 $219.4 $169.5 $201.5 $250.0 19.8 20.0
Government 12 $155.0 $126.0 $148.0 $159.3 6 $27.3 -- $15.0 -- 4 -- -- 12 $168.6 $126.0 $157.4 $169.2 18.3 17.5
Not-for-Profit 24 $196.4 $160.0 $197.5 $217.5 18 $37.5 $30.0 $35.1 $40.0 9 23.0% 20.0% 24 $224.5 $172.0 $230.0 $269.5 22.1 26.0
Other 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 24 $157.4 $120.5 $157.5 $185.0 14 $46.3 $18.0 $32.5 $50.0 5 18.0% 20.0% 24 $184.4 $139.5 $167.0 $231.5 17.7 18.0
$100 - $250 Million 18 $149.1 $130.0 $146.3 $170.0 18 $29.6 $12.0 $21.3 $45.0 11 33.0% 25.0% 18 $178.8 $145.0 $177.2 $205.0 17.4 17.0
$250 - $500 Million 9 $195.9 -- $155.0 -- 4 -- -- -- -- 3 -- -- 9 $214.8 -- $170.0 -- 20.2 20.0
$500 Million - $1 Billion 28 $183.5 $145.8 $165.5 $222.5 23 $54.4 $25.0 $40.0 $65.0 13 40.0% 40.0% 28 $228.2 $169.0 $217.0 $272.4 20.6 21.0
$1 - $5 Billion 75 $183.4 $155.0 $185.0 $210.0 61 $58.3 $30.0 $49.0 $70.0 44 33.0% 30.0% 75 $230.8 $178.0 $225.0 $274.0 21.6 23.0
$5 - $10 Billion 21 $192.0 $166.0 $190.0 $200.0 16 $54.2 $33.5 $47.5 $72.5 12 31.0% 30.0% 21 $233.3 $190.7 $228.0 $266.5 23.2 25.0
Greater than $10 Billion 34 $215.8 $180.0 $206.0 $250.0 27 $76.1 $50.0 $60.0 $90.0 24 37.0% 30.0% 34 $276.2 $226.0 $253.0 $335.0 20.3 20.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 14 $175.2 $130.0 $163.0 $215.0 11 $49.7 $13.0 $40.0 $73.0 4 -- -- 14 $214.3 $140.0 $208.5 $275.0 25.7 27.0
Bachelors 97 $179.7 $148.0 $175.0 $200.0 73 $55.9 $30.0 $45.0 $66.0 51 34.0% 30.0% 97 $221.7 $169.0 $211.2 $250.0 20.6 20.0
MA/MS 18 $165.6 $135.0 $154.0 $190.0 15 $47.4 $16.5 $37.5 $50.0 8 27.0% 20.0% 18 $205.1 $145.0 $187.5 $231.0 21.7 21.0
MBA 56 $188.7 $158.0 $192.5 $206.0 49 $63.8 $35.0 $52.0 $90.0 38 34.0% 30.0% 56 $244.5 $190.3 $235.0 $297.5 19.3 20.0
JD 17 $219.9 $169.0 $215.0 $235.0 9 $43.4 -- $43.5 -- 6 33.0% 28.0% 17 $242.9 $188.5 $235.0 $265.0 19.1 18.0
Ph.D 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 16 $161.7 $121.8 $152.5 $197.5 11 $51.2 $25.0 $35.0 $88.0 10 35.0% 30.0% 16 $196.9 $142.8 $177.5 $227.5 19.7 16.0
1 or Fewer 15 $163.8 $137.5 $148.5 $198.0 12 $27.2 $10.0 $20.4 $42.5 8 25.0% 28.0% 15 $185.6 $140.0 $188.0 $230.0 22.5 25.0
From 1 to 3 46 $175.1 $144.0 $171.5 $200.0 36 $54.4 $37.5 $48.0 $60.0 27 32.0% 30.0% 46 $217.6 $170.0 $211.0 $250.0 19.8 20.0
From 3 to 5 44 $185.7 $154.0 $185.0 $207.5 37 $57.1 $35.0 $50.0 $73.0 23 34.0% 30.0% 44 $233.7 $181.5 $232.5 $274.5 20.5 22.5
More than 5 62 $197.6 $153.0 $192.5 $232.0 45 $60.6 $20.0 $45.0 $80.0 32 33.0% 30.0% 62 $241.6 $169.4 $225.5 $281.0 20.3 20.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V-1 US Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Description of Responsibilities: Plans and directs all aspects of an organization's risk management policies, objectives, and initiatives. Responsible for the development and execution of the organizations enterprise risk and risk appetite
Cash Compensation
frameworks, and related(All dollarto
processes amounts areorganizations
achieve the displayed inshort-
USD and$000s)
long-term strategic, financial and operational goals. Directs the development of the organizations risk practices as an interrelated risk portfolio to create, capture and
protect the enterprise value. Seeks ways to optimize risk decision making in the organization as a competitive advantage, using multiple techniques and solutions. Recognized as a dynamic, proactive and decisive risk leader. Possesses a broad-
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
based operational perspective, an intimate knowledge of internal business processes and understanding of the organizations industry. Adapts well to and initiates change in the organization. Demonstrates expertise in a variety of the field's
concepts, practices, and procedures. Relies on extensive
# of personal leadership skills,
50th pct network of internal
# of and external alliances, experience
50th pct and judgment to plan and accomplish
50th pct goals.
# of Performs a variety of tasks. Leads
50th pct and directs the work ofpct
50th
others. A wide degree of creativity and latitude isResp.
Industry expected. Key traits
Average 25thfor
pctthe individual
(median) 75thinpct
this position
Resp. are: highly25th
Average developed communications,
pct (median) 75th pct #team player,
of Resp. change (median)
Average agent, strategic and creative,
Resp. Average excellent project management
25th pct (median) skills and(median)
75th pct Average the
ability to drive performance from all areas within the
Agriculture 3 organization.
-- -- -- -- 3 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Business/Info
8 $172.6 -- $175.0 -- 7 $36.9 -- $45.0 -- 4 -- -- 8 $204.8 -- $210.3 -- 19.4 20.5
Position level/Reporting Structure: This person typically reports to the CEO, President, Principal or Executive Director They are identified as the top risk executive in the company and may be the CFO or COO if these positions are identified as
Services/Consulting/Legal/Accounting
the person responsible for all activities relating to risk
Chemical/Pharmaceutical/Biotechnology 3 within--the organization.
-- -- -- 3 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Computer Software/Services 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Construction/Engineering/Architectural 6 $168.6 -- $165.5 -- 3 -- -- -- -- 0 -- -- 6 $179.2 -- $179.8 -- 29.3 30.5
Education 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Energy 8 $171.4 -- $168.5 -- 8 $50.6 -- $59.5 -- 6 25.0% 25.0% 8 $222.0 -- $230.5 -- 16.4 14.5
Entertainment & Media 6 $199.8 -- $212.0 -- 6 $37.7 -- $32.5 -- 3 -- -- 6 $237.5 -- $247.5 -- 25.3 25.0
Finance/Banking 7 $183.2 -- $180.0 -- 6 $59.6 -- $66.3 -- 4 -- -- 7 $234.3 -- $270.0 -- 17.0 18.0
Government 4 -- -- -- -- 1 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
Healthcare 22 $192.0 $153.0 $177.3 $215.0 17 $34.0 $25.0 $35.0 $45.0 8 20.0% 20.0% 22 $218.3 $156.0 $215.6 $265.0 22.4 26.0
Hospitality 8 $180.1 -- $171.8 -- 6 $39.3 -- $32.5 -- 5 24.0% 25.0% 8 $209.6 -- $200.0 -- 19.3 19.0
Insurance 13 $221.9 $169.0 $200.0 $235.0 7 $37.6 -- $40.0 -- 6 27.0% 30.0% 13 $242.2 $188.0 $233.0 $250.0 21.0 25.0
Mfg - Durable (includes Aerospace,
16 $187.8 $155.0 $171.3 $217.5 13 $67.0 $40.0 $56.0 $83.8 11 32.0% 30.0% 16 $242.2 $178.0 $211.5 $275.0 21.3 22.5
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
10 $186.7 $148.5 $182.5 $231.0 10 $68.4 $48.8 $68.0 $101.5 6 40.0% 33.0% 10 $255.0 $197.3 $258.2 $297.0 23.3 23.5
Products)
Mining/Milling/Smelting 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --
Not-for-Profit 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Real Estate 19 $165.5 $135.0 $155.0 $200.0 16 $57.6 $32.5 $47.5 $76.0 11 35.0% 35.0% 19 $214.0 $170.0 $200.0 $255.0 20.7 20.0
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 15 $190.0 $160.0 $190.0 $215.0 12 $60.3 $32.5 $47.8 $74.0 10 46.0% 35.0% 15 $238.2 $190.0 $223.0 $275.0 20.1 20.0
Service 11 $161.0 $125.0 $150.0 $200.0 10 $42.2 $32.0 $35.0 $50.0 6 21.0% 25.0% 11 $199.4 $150.0 $185.0 $240.0 17.0 12.5
Telecommunications 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Transportation 14 $174.3 $146.0 $175.0 $200.0 11 $69.8 $15.0 $45.0 $105.0 10 28.0% 28.0% 14 $229.2 $169.0 $222.5 $240.0 18.3 18.0
Utilities 7 $201.6 -- $232.0 -- 5 $145.1 -- $108.0 -- 4 -- -- 7 $305.3 -- $279.9 -- 18.6 20.0
Wholesale Distribution 9 $186.5 -- $178.0 -- 7 $42.4 -- $50.0 -- 6 56.0% 53.0% 9 $219.5 -- $220.0 -- 23.3 23.0
Other 13 $189.9 $165.0 $200.0 $206.0 9 $81.7 -- $78.0 -- 7 34.0% 30.0% 13 $246.4 $225.0 $240.0 $305.0 19.7 22.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 34 $189.0 $160.0 $185.0 $205.0 26 $57.3 $35.0 $52.5 $80.0 23 36.0% 30.0% 34 $232.8 $185.0 $220.6 $275.0 20.3 20.5
Mid Atlantic Region 23 $179.5 $144.9 $176.0 $200.0 19 $67.5 $35.0 $56.0 $105.0 10 37.0% 30.0% 23 $235.2 $185.0 $235.0 $266.5 23.4 23.0
South East Region 28 $168.5 $144.3 $156.9 $197.5 22 $43.2 $20.0 $40.8 $56.0 16 27.0% 25.0% 28 $202.5 $166.9 $194.3 $230.0 17.9 18.5
Mississippi Valley Region 50 $193.8 $150.0 $182.5 $215.0 38 $66.1 $30.0 $50.8 $72.0 28 35.0% 30.0% 50 $244.0 $175.0 $222.5 $270.0 21.6 21.0
Mountain Region 41 $170.2 $139.7 $169.0 $200.0 35 $40.9 $15.0 $40.0 $54.0 23 29.0% 25.0% 41 $205.0 $157.2 $200.0 $240.0 18.2 17.0
Western Region 35 $197.6 $152.9 $200.0 $232.0 25 $59.9 $25.0 $40.0 $73.0 13 36.0% 30.0% 35 $240.4 $156.0 $238.0 $283.0 22.3 24.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V-2 US Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Description of Responsibilities: Plans and directs all aspects of an organization's risk management policies, objectives, and initiatives. Responsible for the development and execution of the organizations enterprise risk and risk appetite
Cash Compensation
frameworks, and related(All dollarto
processes amounts areorganizations
achieve the displayed inshort-
USD and
$000s)
long-term strategic, financial and operational goals. Directs the development of the organizations risk practices as an interrelated risk portfolio to create, capture and
protect the enterprise value. Seeks ways to optimize risk decision making in the organization as a competitive advantage, using multiple techniques and solutions. Recognized as a dynamic, proactive and decisive risk leader. Possesses a broad-
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
based operational perspective, an intimate knowledge of internal business processes and understanding of the organizations industry. Adapts well to and initiates change in the organization. Demonstrates expertise in a variety of the field's
concepts, practices, and procedures. Relies on extensive
# of personal leadership skills,
50th pct network of internal
# of and external alliances, experience
50th pct and judgment to plan and accomplish
50th pct goals.
# of Performs a variety of tasks. Leads
50th pct and directs the work ofpct
50th
others. A wide degree of creativity and latitude isResp.
State expected. Key traits
Average 25thfor
pctthe individual
(median) 75thinpct
this position
Resp. are: highly25th
Average developed communications,
pct (median) 75th pct #team player,
of Resp. change (median)
Average agent, strategic and creative,
Resp. Average excellent project management
25th pct (median) skills and(median)
75th pct Average the
ability to drive performance from all areas within the
CA 26 organization.
$204.1 $165.0 $200.0 $235.0 21 $46.9 $25.0 $40.0 $55.0 10 31.0% 35.0% 26 $242.0 $200.0 $241.0 $283.0 22.5 24.5
CO 9 $151.6 -- $156.0 -- 7 $24.7 -- $17.5 -- 5 27.0% 20.0% 9 $170.8 -- $164.5 -- 19.3 17.0
Position level/Reporting Structure: This person typically
FL 11 reports
$178.4 to $155.0
the CEO, President, Principal or 8Executive
$169.0 $200.0 Director--They are
$40.1 identified--as the top6risk executive
$37.5 28.0% in the company and
25.0% 11 may$207.6
be the CFO or COO
$164.7 if these$249.0
$201.0 positions are identified
18.5 as
20.0
the person responsible for all activities relating to risk
GA 7 within the organization.
$170.6 -- $172.0 -- 5 $54.2 -- $45.0 -- 4 -- -- 7 $209.3 -- $200.0 -- 16.0 12.0
IL 15 $224.1 $148.5 $191.0 $270.0 12 $60.1 $35.0 $45.4 $63.0 8 39.0% 33.0% 15 $272.2 $178.0 $248.1 $335.0 19.9 19.0
MA 5 $165.1 -- $155.0 -- 5 $46.0 -- $50.0 -- 5 29.0% 30.0% 5 $211.1 -- $190.7 -- 21.8 21.0
MI 6 $166.4 -- $165.8 -- 4 -- -- -- -- 3 -- -- 6 $188.3 -- $176.8 -- 20.3 17.5
MO 6 $162.5 -- $152.5 -- 4 -- -- -- -- 3 -- -- 6 $188.5 -- $170.0 -- 27.0 27.0
NJ 11 $178.6 $165.0 $170.0 $200.0 8 $41.6 -- $40.5 -- 8 33.0% 23.0% 11 $208.9 $170.0 $205.0 $235.0 17.7 18.0
NY 12 $229.4 $199.0 $225.0 $262.0 11 $74.0 $60.0 $85.0 $90.0 9 47.0% 30.0% 12 $297.3 $250.5 $305.0 $361.5 22.3 28.5
OH 9 $209.0 -- $214.0 -- 7 $96.9 -- $60.0 -- 5 32.0% 25.0% 9 $284.3 -- $244.0 -- 23.0 25.0
PA 13 $158.6 $140.0 $160.0 $180.0 12 $71.0 $40.0 $58.0 $103.2 7 36.0% 30.0% 13 $224.1 $185.0 $235.0 $245.0 21.9 22.0
TN 7 $156.9 -- $145.0 -- 6 $41.3 -- $31.8 -- 5 24.0% 25.0% 7 $192.2 -- $160.0 -- 15.2 12.5
TX 21 $178.2 $160.0 $172.5 $200.0 19 $40.6 $20.8 $40.0 $54.0 12 28.0% 28.0% 21 $214.9 $170.0 $228.0 $250.0 20.7 23.0
WA 5 $184.2 -- $202.0 -- 3 -- -- -- -- 2 -- -- 5 $206.8 -- $237.0 -- 20.4 18.0
WI 8 $188.8 -- $193.0 -- 6 $90.8 -- $62.5 -- 4 -- -- 8 $256.9 -- $254.3 -- 18.1 20.5

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Atlanta, GA 6 $174.0 -- $178.5 -- 4 -- -- -- -- 3 -- -- 6 $213.3 -- $205.0 -- 18.0 16.0

Boston-Worcester-Lawrence, MA-NH-ME-CT 5 $165.1 -- $155.0 -- 5 $46.0 -- $50.0 -- 5 29.0% 30.0% 5 $211.1 -- $190.7 -- 21.8 21.0

Chicago-Gary-Kenosha, IL-IN-WI 14 $215.8 $148.5 $188.0 $248.1 11 $62.9 $35.0 $48.8 $66.0 8 39.0% 33.0% 14 $265.2 $178.0 $237.5 $297.0 20.4 20.5
Dallas-Fort Worth, TX 12 $176.4 $162.5 $178.0 $195.0 10 $43.3 $32.0 $42.5 $54.0 6 24.0% 28.0% 12 $212.5 $167.5 $225.3 $253.1 22.6 24.5
Denver-Boulder-Greeley, CO 9 $151.6 -- $156.0 -- 7 $24.7 -- $17.5 -- 5 27.0% 20.0% 9 $170.8 -- $164.5 -- 19.3 17.0
Houston-Galveston-Brazoria, TX 6 $169.3 -- $160.5 -- 6 $39.8 -- $37.5 -- 3 -- -- 6 $209.2 -- $202.5 -- 21.7 25.0

Los Angeles-Riverside-Orange County, CA 17 $194.6 $156.0 $195.0 $226.6 13 $50.0 $18.0 $40.0 $55.0 7 29.0% 30.0% 17 $232.8 $169.4 $235.0 $283.0 23.0 25.0

Milwaukee-Racine, WI 5 $184.4 -- $186.0 -- 4 -- -- -- -- 4 -- -- 5 $251.3 -- $251.0 -- 18.4 18.0


New York-Northern New Jersey-Long Island, NY-
23 $202.8 $165.0 $198.0 $225.0 17 $62.5 $35.0 $60.0 $85.0 17 39.0% 30.0% 23 $249.0 $190.0 $231.0 $295.0 19.0 18.0
NJ-CT-PA
Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-
8 $154.9 -- $152.5 -- 7 $62.5 -- $50.0 -- 3 -- -- 8 $209.6 -- $208.5 -- 24.0 23.5
MD
San Francisco-Oakland-San Jose, CA 7 $219.1 -- $226.0 -- 6 $46.7 -- $37.5 -- 3 -- -- 7 $259.1 -- $265.0 -- 21.0 22.0
Washington-Baltimore, DC-MD-VA-WV 6 $228.7 -- $242.0 -- 4 -- -- -- -- 2 -- -- 6 $274.3 -- $245.0 -- 26.8 25.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V-3 US Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Description of Responsibilities: Plans and directs all aspects of an organization's risk management policies, objectives, and initiatives. Responsible for the development and execution of the organizations enterprise risk and risk appetite
frameworks,
Respondent and Characteristics
related processes to achieve the organizations short- and long-term strategic, financial and operational goals. Directs the development of the organizations risk practices as an interrelated risk portfolio to create, capture and
protect the enterprise value. Seeks ways to optimize risk decision making in the organization as a competitive advantage, using multiple techniques and solutions. Recognized as a dynamic, proactive and decisive risk leader. Possesses a broad-
based operational perspective, an intimate knowledge of internal business processes and understanding of the organizations industry. Adapts well to and initiates change in the organization. Demonstrates expertise in a variety of the field's
Gender Long-Term Incentive Eligible
concepts, practices, and procedures. Relies on extensive personal leadership skills, network of internal and external alliances, experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of
Male 67.3% Yes 59.2% team player, change agent, strategic and creative, excellent project management skills and the
others. A wide degree of creativity and latitude is expected. Key traits for the individual in this position are: highly developed communications,
ability to drive performance from all areas within the organization.
Female 29.4% No 40.8%
Did Not Indicate 3.3% Did Not Indicate 0.0%
Position level/Reporting Structure: This person typically reports to the CEO, President, Principal or Executive Director They are identified as the top risk executive in the company and may be the CFO or COO if these positions are identified as
the person responsible for all activities relating to risk within the organization.
Degree Type of Long-term Incentives Received*
High School/Associate Degree 6.6% Incentive Stock Options (ISOs) 31.2%
Bachelors 46.0% Non-Qualified Stock Options (NQSOs) 14.4%
MA/MS 8.5% Restricted Stock 52.8%
MBA 26.5% Stock Appreciation Rights (SARs) 11.2%
JD 8.1% Performance Shares 13.6%
MD 0.0% Performance Units 11.2%
Ph.D 0.9% Long-Term Cash 17.6%
Other 3.3% None of the Above Received 3.2%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 85.8% Yes 92.4%
Division 3.3% No 7.6%
Subsidiary 2.8%
Single Location 4.7%
Other 3.3%

2013 Risk and Insurance Management Society, Inc. (RIMS) V-4 US Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Combination of data from the Director - Business Continuity Management, Director - Financial Risk Management (Commodity, Credit, Interest Rates, and/or Foreign Currency), & Director - IT Risk Management positions.

See pages 9 though 14 in Section I of this report for a detailed job description of all positions.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 22 $141.7 $125.0 $145.9 $153.0 19 $28.5 $15.0 $25.0 $43.0 16 26.0% 23.0% 22 $166.4 $140.0 $162.2 $183.0 12.3 12.5

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 10 $144.3 $130.0 $146.5 $153.0 8 $33.7 -- $29.0 -- 9 28.0% 25.0% 10 $171.3 $140.0 $168.8 $190.0 9.3 8.0
Private 6 $139.8 -- $144.5 -- 6 $29.7 -- $26.0 -- 4 -- -- 6 $169.5 -- $169.0 -- 16.2 15.0
Government 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Not-for-Profit 5 $148.5 -- $145.7 -- 4 -- -- -- -- 2 -- -- 5 $163.7 -- $153.5 -- 14.0 15.0
Other 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --
$100 - $250 Million 2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
$250 - $500 Million 4 -- -- -- -- 2 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
$500 Million - $1 Billion 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --
$1 - $5 Billion 7 $145.2 -- $146.0 -- 6 $28.6 -- $26.0 -- 5 28.0% 25.0% 7 $169.6 -- $175.0 -- 13.9 14.0
$5 - $10 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Greater than $10 Billion 3 -- -- -- -- 3 -- -- -- -- 3 -- -- 3 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Bachelors 6 $143.3 -- $137.9 -- 5 $30.2 -- $20.0 -- 2 -- -- 6 $168.4 -- $151.8 -- 15.1 16.5
MA/MS 5 $164.6 -- $155.0 -- 5 $32.0 -- $28.0 -- 4 -- -- 5 $196.6 -- $183.0 -- 12.4 15.0
MBA 11 $130.5 $103.0 $140.0 $153.0 9 $25.7 -- $22.0 -- 10 27.0% 23.0% 11 $151.5 $113.0 $161.5 $176.0 10.7 10.0
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 3 -- -- -- -- 3 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
1 or Fewer 2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
From 1 to 3 5 $135.2 -- $130.0 -- 4 -- -- -- -- 3 -- -- 5 $160.8 -- $150.0 -- 13.2 14.0
From 3 to 5 6 $153.7 -- $147.2 -- 4 -- -- -- -- 5 27.0% 20.0% 6 $178.5 -- $171.5 -- 12.3 12.5
More than 5 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) V-5 US Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Combination of data from the Director - Business Continuity Management, Director - Financial Risk Management (Commodity, Credit, Interest Rates, and/or Foreign Currency), & Director - IT Risk Management positions.
Cash Compensation (All dollar amounts are displayed in USD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Business/Info
0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Computer Software/Services 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Construction/Engineering/Architectural 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Education 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Energy 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Entertainment & Media 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Finance/Banking 4 -- -- -- -- 3 -- -- -- -- 4 -- -- 4 -- -- -- -- -- --
Government 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Healthcare 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Hospitality 3 -- -- -- -- 3 -- -- -- -- 3 -- -- 3 -- -- -- -- -- --
Insurance 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Mfg - Durable (includes Aerospace,
1 -- -- -- -- 0 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Products)
Mining/Milling/Smelting 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Not-for-Profit 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Real Estate 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Service 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Telecommunications 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Transportation 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Utilities 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Wholesale Distribution 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Other 2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 6 $136.8 -- $147.9 -- 6 $32.0 -- $26.0 -- 4 -- -- 6 $168.8 -- $169.0 -- 15.7 15.0
Mid Atlantic Region 3 -- -- -- -- 3 -- -- -- -- 3 -- -- 3 -- -- -- -- -- --
South East Region 3 -- -- -- -- 1 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Mississippi Valley Region 3 -- -- -- -- 3 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Mountain Region 4 -- -- -- -- 3 -- -- -- -- 4 -- -- 4 -- -- -- -- -- --
Western Region 3 -- -- -- -- 3 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) V-6 US Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Combination of data from the Director - Business Continuity Management, Director - Financial Risk Management (Commodity, Credit, Interest Rates, and/or Foreign Currency), & Director - IT Risk Management positions.
Cash Compensation (All dollar amounts are displayed in USD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) V-7 US Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Combination of data from the Director - Business Continuity Management, Director - Financial Risk Management (Commodity, Credit, Interest Rates, and/or Foreign Currency), & Director - IT Risk Management positions.
Respondent Characteristics
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Gender Long-Term Incentive Eligible
Male 72.7% Yes 36.4%
Female 27.3% No 63.6%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 0.0% Incentive Stock Options (ISOs) 0.0%
Bachelors 27.3% Non-Qualified Stock Options (NQSOs) 0.0%
MA/MS 22.7% Restricted Stock 0.0%
MBA 50.0% Stock Appreciation Rights (SARs) 0.0%
JD 0.0% Performance Shares 0.0%
MD 0.0% Performance Units 0.0%
Ph.D 0.0% Long-Term Cash 0.0%
Other 0.0% None of the Above Received 0.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 77.3% Yes 86.4%
Division 4.5% No 13.6%
Subsidiary 4.5%
Single Location 13.6%
Other 0.0%

2013 Risk and Insurance Management Society, Inc. (RIMS) V-8 US Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Combination of data from the Director - Enterprise Risk Management (ERM) & Director - Strategic Risk Management / Risk Intelligence positions.

See pages 9 though 14 in Section I of this report for a detailed job description of all positions.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 123 $135.3 $112.7 $130.0 $157.2 82 $25.1 $9.0 $20.0 $33.0 59 19.0% 20.0% 123 $152.0 $120.0 $135.0 $180.0 14.5 13.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 50 $150.4 $120.0 $147.5 $171.7 41 $30.0 $14.0 $28.0 $35.0 32 22.0% 20.0% 50 $175.0 $133.0 $166.5 $205.0 15.2 13.0
Private 31 $128.5 $106.0 $120.0 $150.0 23 $17.3 $7.0 $12.0 $24.0 16 19.0% 15.0% 31 $141.3 $110.0 $127.0 $163.0 15.0 12.0
Government 21 $110.1 $90.0 $112.0 $120.0 3 -- -- -- -- 1 -- -- 21 $110.4 $90.0 $113.6 $120.0 15.3 13.0
Not-for-Profit 19 $136.3 $120.0 $132.0 $154.0 13 $29.3 $9.6 $20.0 $30.0 8 14.0% 12.0% 19 $156.4 $131.1 $143.0 $178.0 12.4 10.0
Other 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 10 $118.6 $105.0 $111.3 $123.5 5 $22.1 -- $17.0 -- 4 -- -- 10 $129.6 $105.0 $115.0 $129.7 16.7 15.0
$100 - $250 Million 6 $127.7 -- $120.5 -- 3 -- -- -- -- 2 -- -- 6 $138.3 -- $126.0 -- 11.3 8.5
$250 - $500 Million 12 $118.5 $104.0 $117.5 $128.0 9 $14.5 -- $8.0 -- 6 15.0% 13.0% 12 $129.3 $113.0 $121.0 $130.0 17.9 15.5
$500 Million - $1 Billion 16 $131.8 $105.5 $125.5 $157.5 6 $37.0 -- $10.0 -- 2 -- -- 16 $145.7 $108.5 $136.8 $162.5 13.0 11.0
$1 - $5 Billion 46 $139.9 $120.0 $132.5 $156.0 36 $21.3 $10.0 $20.0 $30.0 30 20.0% 20.0% 46 $156.5 $128.5 $155.5 $175.0 15.1 13.0
$5 - $10 Billion 9 $150.2 -- $157.2 -- 5 $39.0 -- $31.5 -- 6 23.0% 23.0% 9 $171.8 -- $185.0 -- 13.3 10.0
Greater than $10 Billion 13 $161.7 $145.0 $167.0 $180.0 12 $41.0 $26.1 $36.8 $63.9 6 21.0% 20.0% 13 $199.5 $155.0 $202.5 $250.0 14.5 12.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 3 -- -- -- -- 2 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Bachelors 50 $134.7 $115.0 $127.5 $155.0 37 $22.4 $9.0 $19.0 $30.0 29 20.0% 20.0% 50 $151.2 $120.1 $143.0 $167.0 13.8 12.5
MA/MS 18 $129.8 $112.7 $120.0 $132.0 10 $21.2 $9.0 $17.0 $25.0 7 18.0% 20.0% 18 $141.6 $120.0 $131.6 $144.0 15.6 16.5
MBA 37 $140.4 $114.0 $135.0 $162.0 24 $25.9 $9.0 $16.0 $40.3 18 17.0% 15.0% 37 $157.2 $120.0 $135.0 $202.0 14.4 12.0
JD 9 $135.6 -- $130.0 -- 4 -- -- -- -- 1 -- -- 9 $157.6 -- $150.0 -- 12.6 8.0
Ph.D 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 25 $123.9 $100.0 $120.0 $144.5 16 $16.8 $8.5 $12.0 $29.0 10 17.0% 18.0% 25 $134.6 $107.6 $129.0 $163.0 11.2 9.0
1 or Fewer 18 $135.1 $112.7 $127.5 $155.0 12 $18.1 $8.2 $15.5 $27.5 11 18.0% 15.0% 18 $147.1 $120.0 $134.1 $162.0 15.9 12.5
From 1 to 3 31 $140.4 $120.0 $135.0 $161.2 21 $32.4 $6.0 $30.0 $45.0 16 20.0% 19.0% 31 $162.3 $121.0 $155.0 $200.0 13.6 12.0
From 3 to 5 21 $148.4 $120.0 $135.0 $160.0 16 $33.1 $16.0 $25.0 $47.1 11 22.0% 25.0% 21 $173.6 $121.0 $166.0 $202.5 18.4 15.0
More than 5 15 $135.7 $112.0 $130.0 $159.0 9 $21.1 -- $24.0 -- 6 23.0% 20.0% 15 $148.3 $113.6 $143.0 $189.0 18.6 20.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V-9 US Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Combination of data from the Director - Enterprise Risk Management (ERM) & Director - Strategic Risk Management / Risk Intelligence positions.
Cash Compensation (All dollar amounts are displayed in USD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Business/Info
1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 6 $144.7 -- $146.0 -- 5 $26.4 -- $30.0 -- 6 22.0% 20.0% 6 $166.7 -- $166.5 -- 12.0 13.0
Computer Software/Services 4 -- -- -- -- 3 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
Construction/Engineering/Architectural 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Education 4 -- -- -- -- 0 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
Energy 5 $123.4 -- $112.0 -- 5 $8.8 -- $9.0 -- 2 -- -- 5 $132.2 -- $115.5 -- 11.8 10.0
Entertainment & Media 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --
Finance/Banking 10 $148.4 $120.0 $122.3 $180.0 7 $33.4 -- $30.0 -- 3 -- -- 10 $171.8 $123.5 $141.5 $246.0 9.2 6.0
Government 9 $110.8 -- $110.0 -- 1 -- -- -- -- 0 -- -- 9 $111.3 -- $115.0 -- 16.6 15.0
Healthcare 8 $138.3 -- $133.5 -- 4 -- -- -- -- 2 -- -- 8 $162.0 -- $139.0 -- 17.5 17.5
Hospitality 3 -- -- -- -- 3 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Insurance 15 $121.0 $106.0 $120.0 $135.0 10 $16.7 $8.4 $16.0 $26.0 10 16.0% 16.0% 15 $132.1 $106.0 $129.6 $165.0 10.1 5.0
Mfg - Durable (includes Aerospace,
14 $142.4 $106.0 $146.5 $160.0 11 $23.6 $10.0 $17.0 $40.5 7 19.0% 20.0% 14 $160.9 $133.0 $158.5 $200.0 18.3 17.5
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
5 $124.0 -- $118.0 -- 5 $14.0 -- $12.0 -- 2 -- -- 5 $138.0 -- $127.0 -- 19.2 23.0
Products)
Mining/Milling/Smelting 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --
Not-for-Profit 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Real Estate 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 6 $139.5 -- $138.5 -- 5 $17.1 -- $10.0 -- 5 19.0% 20.0% 6 $153.8 -- $147.3 -- 13.7 14.0
Service 3 -- -- -- -- 1 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Telecommunications 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Transportation 6 $142.5 -- $156.3 -- 4 -- -- -- -- 3 -- -- 6 $176.7 -- $176.3 -- 17.3 19.5
Utilities 9 $130.3 -- $120.0 -- 6 $13.7 -- $9.5 -- 5 12.0% 12.0% 9 $139.4 -- $129.0 -- 10.6 9.0
Wholesale Distribution 4 -- -- -- -- 3 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --
Other 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 19 $140.9 $120.0 $130.0 $167.0 13 $19.5 $9.0 $20.0 $30.0 13 15.0% 15.0% 19 $154.2 $125.0 $132.0 $192.7 9.2 7.0
Mid Atlantic Region 10 $140.9 $110.0 $125.0 $180.0 6 $39.9 -- $43.5 -- 2 -- -- 10 $164.9 $119.0 $126.3 $243.0 15.9 11.5
South East Region 13 $126.8 $93.0 $120.0 $128.0 6 $17.2 -- $18.5 -- 4 -- -- 13 $134.8 $101.4 $120.0 $140.0 15.1 10.0
Mississippi Valley Region 24 $132.3 $108.5 $126.8 $155.5 19 $25.7 $10.0 $25.0 $35.0 14 23.0% 20.0% 24 $152.7 $121.8 $142.1 $179.0 11.8 10.0
Mountain Region 17 $130.7 $114.0 $130.0 $155.0 12 $16.7 $8.0 $11.0 $21.5 5 11.0% 10.0% 17 $142.5 $123.0 $135.0 $163.0 16.5 15.0
Western Region 40 $137.7 $112.3 $132.5 $153.6 26 $29.7 $10.0 $22.0 $40.0 21 22.0% 20.0% 40 $157.0 $117.3 $149.8 $194.0 17.3 20.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 10 US Data


2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Combination of data from the Director - Enterprise Risk Management (ERM) & Director - Strategic Risk Management / Risk Intelligence positions.
Cash Compensation (All dollar amounts are displayed in USD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
CA 18 $148.6 $120.0 $146.3 $171.7 13 $27.1 $10.0 $19.0 $30.0 11 25.0% 25.0% 18 $168.2 $129.7 $157.5 $210.0 20.7 22.0
FL 5 $150.0 -- $120.0 -- 2 -- -- -- -- 1 -- -- 5 $159.4 -- $120.0 -- 18.4 15.0
NY 8 $140.5 -- $120.0 -- 6 $19.3 -- $21.0 -- 5 17.0% 17.0% 8 $155.0 -- $130.3 -- 8.0 6.0
OH 7 $133.9 -- $130.0 -- 5 $23.0 -- $14.1 -- 6 28.0% 20.0% 7 $150.3 -- $130.0 -- 12.9 14.0
TX 10 $129.6 $114.0 $125.0 $154.0 7 $18.4 -- $10.0 -- 2 -- -- 10 $142.5 $123.0 $133.5 $160.0 14.6 11.5
WA 13 $125.8 $106.0 $125.0 $135.0 7 $27.2 -- $26.0 -- 6 19.0% 20.0% 13 $140.4 $107.6 $135.0 $156.0 13.4 14.0

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
New York-Northern New Jersey-Long Island, NY-
12 $146.3 $120.0 $138.5 $174.5 8 $23.1 -- $30.0 -- 8 16.0% 18.0% 12 $161.7 $128.8 $153.5 $199.5 9.5 9.5
NJ-CT-PA
San Diego, CA 5 $141.7 -- $147.0 -- 5 $33.3 -- $20.0 -- 5 27.0% 25.0% 5 $175.0 -- $166.0 -- 18.8 13.0
San Francisco-Oakland-San Jose, CA 8 $158.2 -- $146.8 -- 5 $24.4 -- $14.0 -- 3 -- -- 8 $173.4 -- $158.5 -- 24.4 25.0
Seattle-Tacoma-Bremerton, WA 9 $131.8 -- $130.0 -- 5 $31.9 -- $30.0 -- 4 -- -- 9 $149.5 -- $135.0 -- 12.4 7.5

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 11 US Data


2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Combination of data from the Director - Enterprise Risk Management (ERM) & Director - Strategic Risk Management / Risk Intelligence positions.
Respondent Characteristics
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Gender Long-Term Incentive Eligible
Male 59.3% Yes 35.0%
Female 39.8% No 65.0%
Did Not Indicate 0.8% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 2.4% Incentive Stock Options (ISOs) 30.2%
Bachelors 40.7% Non-Qualified Stock Options (NQSOs) 11.6%
MA/MS 14.6% Restricted Stock 46.5%
MBA 30.1% Stock Appreciation Rights (SARs) 2.3%
JD 7.3% Performance Shares 20.9%
MD 0.0% Performance Units 2.3%
Ph.D 0.8% Long-Term Cash 4.7%
Other 4.1% None of the Above Received 9.3%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 69.9% Yes 79.7%
Division 8.9% No 20.3%
Subsidiary 5.7%
Single Location 8.1%
Other 7.3%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 12 US Data


2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Description of Responsibilities: This is a senior insurance and risk management position in an organization, with authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO, CFO or COO
unless they spend more than 50% of their time directly involved in, and accountable for, risk management activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives, ensuring effective
hazard (typically insurable risks) risk management for the organization and supervising, leading and/or directing key internal risk stakeholders. This person typically is responsible for the process of identifying, measuring and managing
insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in order to optimize operations.

Position level/ Reporting Structure: Reports findings on risk exposures to senior executives and/or the organization's board of directors, and implements strategies to manage insurable and/or hazard risks. Operationally reports to the Chief
Financial Officer, Chief Risk Officer, or other corporate level officer designee.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 770 $133.4 $105.0 $129.0 $154.0 493 $33.2 $13.0 $25.0 $44.5 348 23.0% 20.0% 770 $154.6 $111.0 $142.9 $184.0 20.0 20.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 346 $148.2 $120.0 $145.0 $171.0 284 $39.6 $20.0 $32.0 $50.0 223 25.0% 25.0% 346 $180.7 $138.0 $170.0 $210.0 20.1 20.0
Private 229 $128.4 $105.0 $124.0 $145.0 160 $27.0 $10.0 $19.0 $33.8 100 22.0% 20.0% 229 $147.3 $113.0 $138.0 $165.0 18.8 20.0
Government 101 $106.5 $94.0 $103.0 $120.0 9 $15.7 -- $4.0 -- 2 -- -- 101 $107.9 $94.0 $103.0 $122.0 22.5 22.5
Not-for-Profit 77 $122.8 $98.0 $119.2 $145.0 30 $14.3 $3.8 $13.3 $19.7 18 11.0% 10.0% 77 $128.3 $101.9 $122.8 $150.0 20.1 20.0
Other 17 $105.4 $88.0 $102.0 $120.0 10 $21.2 $4.5 $27.2 $33.0 5 23.0% 30.0% 17 $117.9 $97.0 $119.0 $137.0 19.4 18.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 51 $105.5 $90.0 $102.0 $118.0 17 $12.2 $5.0 $7.5 $15.0 12 14.0% 15.0% 51 $109.6 $94.0 $105.0 $130.0 19.1 20.0
$100 - $250 Million 53 $112.5 $89.0 $105.0 $125.0 25 $17.6 $9.0 $10.1 $20.0 12 18.0% 16.0% 53 $120.8 $89.0 $113.0 $140.0 18.3 20.0
$250 - $500 Million 71 $116.1 $95.0 $107.4 $132.0 36 $29.1 $9.5 $19.5 $33.5 23 20.0% 20.0% 71 $130.9 $96.0 $116.0 $149.7 19.3 20.0
$500 Million - $1 Billion 103 $119.1 $100.0 $115.0 $130.0 53 $25.5 $10.0 $16.0 $30.0 40 16.0% 15.0% 103 $132.2 $103.0 $123.1 $150.0 19.6 20.0
$1 - $5 Billion 225 $134.1 $115.0 $131.0 $151.3 160 $29.6 $15.0 $23.3 $37.3 109 24.0% 20.0% 225 $155.1 $124.0 $150.0 $175.0 20.8 21.0
$5 - $10 Billion 92 $147.4 $129.0 $145.3 $170.5 74 $34.5 $16.0 $29.0 $48.0 60 26.0% 20.0% 92 $175.2 $140.0 $162.5 $205.5 21.1 21.8
Greater than $10 Billion 143 $165.7 $132.7 $157.0 $190.0 116 $49.8 $25.0 $43.0 $62.0 86 28.0% 25.0% 143 $206.1 $155.0 $196.0 $231.3 20.7 20.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 46 $122.3 $94.0 $111.5 $147.0 27 $32.4 $10.0 $20.0 $43.0 19 28.0% 25.0% 46 $141.3 $94.0 $131.4 $168.0 21.7 22.0
Bachelors 372 $133.1 $105.5 $130.0 $150.0 242 $32.4 $13.0 $25.0 $42.0 169 24.0% 20.0% 372 $154.2 $113.3 $144.5 $180.0 20.5 20.0
MA/MS 66 $118.8 $101.0 $116.7 $134.0 33 $25.2 $10.0 $20.0 $40.0 18 25.0% 22.0% 66 $131.4 $107.4 $123.0 $151.6 20.4 21.0
MBA 204 $141.2 $111.5 $135.0 $163.2 151 $37.2 $15.0 $30.0 $48.0 111 23.0% 20.0% 204 $168.7 $121.3 $155.0 $203.0 19.5 20.0
JD 50 $140.7 $105.0 $133.5 $170.0 23 $31.9 $8.0 $22.0 $39.0 20 20.0% 20.0% 50 $155.4 $112.8 $140.5 $178.0 16.7 15.5
Ph.D 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 135 $119.7 $100.0 $115.0 $140.0 87 $24.1 $7.8 $20.0 $36.0 55 20.0% 18.0% 135 $135.2 $105.0 $126.0 $155.0 18.7 20.0
1 or Fewer 110 $127.6 $100.0 $121.7 $145.0 79 $33.4 $14.8 $25.0 $43.0 56 23.0% 20.0% 110 $151.6 $105.0 $138.0 $175.0 18.5 18.5
From 1 to 3 230 $135.1 $110.0 $131.0 $157.0 144 $32.4 $14.5 $26.9 $44.1 107 25.0% 20.0% 230 $155.4 $116.0 $148.5 $185.0 20.5 20.0
From 3 to 5 132 $143.7 $114.0 $134.2 $161.0 86 $35.8 $12.5 $25.0 $47.6 60 25.0% 20.0% 132 $167.1 $121.4 $149.7 $204.3 21.0 21.5
More than 5 105 $138.7 $105.0 $131.0 $165.0 61 $41.5 $16.0 $30.0 $45.0 42 24.0% 25.0% 105 $162.8 $112.8 $150.0 $197.0 20.3 20.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 13 US Data


2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Description of Responsibilities: This is a senior insurance and risk management position in an organization, with authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO, CFO or COO
Cash Compensation
unless they spend more (All
thandollar
50% ofamounts
their time are displayed
directly involvedinin,USD
and $000s)
accountable for, risk management activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives, ensuring effective
hazard (typically insurable risks) risk management for the organization and supervising, leading and/or directing key internal risk stakeholders. This person typically is responsible for the process of identifying, measuring and managing
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in order to optimize operations.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Position level/ Reporting Structure: Reports findings
Industry Resp.on risk exposures
Average 25th to
pctsenior executives
(median) and/or
75th pct the organization's
Resp. Average 25thboard of directors,
pct (median) 75thand
pct implements
# of Resp. strategies
Average to manage insurable
(median) Resp. and/or
Averagehazard risks.
25th pct Operationally
(median) reports
75th pct to the Chief
Average (median)
Financial Officer, Chief Risk Officer, or other corporate
Agriculture 11 level officer designee.
$135.5 $91.0 $121.0 $175.0 8 $39.4 -- $28.7 -- 5 20.0% 20.0% 11 $164.2 $114.8 $144.0 $206.0 21.4 19.0
Business/Info
7 $164.8 -- $165.0 -- 6 $49.2 -- $35.5 -- 3 -- -- 7 $207.0 -- $197.1 -- 17.6 16.0
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 34 $143.8 $120.0 $138.0 $168.0 29 $38.7 $24.0 $33.8 $45.0 24 27.0% 24.0% 34 $176.7 $137.0 $165.5 $210.0 19.4 18.5
Computer Software/Services 8 $143.9 -- $146.5 -- 6 $27.5 -- $23.5 -- 4 -- -- 8 $164.5 -- $157.0 -- 18.6 20.0
Construction/Engineering/Architectural 30 $133.6 $105.0 $125.5 $135.0 21 $21.7 $8.3 $10.0 $20.0 11 23.0% 25.0% 30 $148.8 $107.5 $133.3 $160.0 19.6 20.0
Education 51 $115.9 $97.7 $118.0 $126.4 6 $6.0 -- $4.3 -- 1 -- -- 51 $116.6 $97.7 $119.0 $128.0 22.6 24.0
Energy 38 $152.7 $125.0 $150.0 $175.0 29 $49.2 $25.0 $45.0 $75.0 17 26.0% 30.0% 38 $190.2 $132.0 $195.5 $225.0 21.0 21.8
Entertainment & Media 15 $151.8 $110.0 $140.0 $180.0 13 $40.5 $20.0 $28.0 $50.0 7 24.0% 20.0% 15 $186.9 $116.0 $166.6 $230.0 19.9 18.0
Finance/Banking 32 $150.0 $109.5 $134.2 $172.5 29 $42.6 $20.0 $31.0 $55.0 15 24.0% 20.0% 32 $188.6 $132.5 $167.7 $224.1 20.3 22.0
Government 67 $103.5 $87.0 $100.0 $116.0 6 $19.6 -- $2.3 -- 0 -- -- 67 $105.2 $87.0 $100.0 $117.5 22.3 22.0
Healthcare 42 $132.3 $104.0 $125.5 $151.0 30 $21.0 $8.8 $16.3 $26.0 19 13.0% 10.0% 42 $147.3 $113.5 $130.0 $179.3 18.7 19.5
Hospitality 22 $122.6 $100.0 $117.4 $140.0 18 $23.3 $10.0 $18.5 $28.0 14 23.0% 20.0% 22 $141.6 $110.0 $133.5 $155.0 17.1 15.5
Insurance 24 $128.7 $99.0 $134.5 $137.5 14 $34.3 $12.5 $20.0 $35.0 8 17.0% 16.0% 24 $148.7 $102.5 $137.9 $168.3 18.1 19.0
Mfg - Durable (includes Aerospace,
68 $146.0 $119.0 $145.0 $170.5 52 $36.0 $17.5 $34.5 $46.3 38 25.0% 25.0% 68 $173.6 $136.2 $170.0 $207.0 21.0 22.5
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
50 $144.4 $118.0 $140.0 $165.0 40 $38.8 $18.0 $26.4 $56.5 36 27.0% 25.0% 50 $175.4 $133.0 $161.7 $204.8 18.9 18.5
Products)
Mining/Milling/Smelting 6 $165.7 -- $167.0 -- 5 $43.2 -- $37.5 -- 5 32.0% 30.0% 6 $201.7 -- $190.0 -- 21.0 22.0
Not-for-Profit 14 $113.4 $82.0 $102.5 $138.0 3 -- -- -- -- 2 -- -- 14 $114.8 $85.0 $102.5 $150.0 19.2 18.0
Real Estate 40 $138.1 $116.0 $131.4 $160.0 29 $26.6 $15.0 $21.0 $31.5 19 20.0% 20.0% 40 $157.3 $129.0 $150.0 $176.0 18.3 19.0
Research & Development 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Retail 48 $136.1 $117.0 $133.0 $150.0 35 $31.0 $15.0 $25.0 $49.6 36 25.0% 20.0% 48 $158.7 $127.5 $152.5 $180.0 20.5 21.0
Service 15 $120.2 $93.0 $110.0 $145.0 10 $17.0 $10.0 $14.6 $25.0 7 24.0% 15.0% 15 $131.5 $96.0 $111.0 $175.0 20.1 20.0
Telecommunications 15 $139.7 $116.0 $143.2 $164.4 12 $23.3 $7.5 $22.5 $31.0 10 19.0% 20.0% 15 $158.4 $131.0 $151.5 $175.5 17.2 17.0
Transportation 34 $115.5 $96.0 $110.5 $133.0 21 $31.3 $9.0 $20.0 $41.2 16 20.0% 19.0% 34 $134.8 $100.0 $123.0 $156.2 16.7 18.0
Utilities 29 $137.9 $105.0 $133.5 $168.0 19 $43.6 $17.0 $35.0 $54.0 18 30.0% 20.0% 29 $166.4 $105.0 $151.0 $193.0 20.7 22.0
Wholesale Distribution 13 $134.6 $110.0 $130.0 $155.0 10 $28.9 $20.9 $31.3 $40.0 8 25.0% 27.0% 13 $156.8 $133.0 $151.0 $163.0 25.8 25.0
Other 55 $133.8 $105.0 $123.0 $150.0 42 $33.2 $10.0 $22.7 $45.0 25 21.0% 15.0% 55 $159.1 $110.0 $143.0 $191.3 19.9 20.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 141 $154.5 $124.0 $145.0 $180.0 102 $40.8 $19.0 $30.0 $52.0 69 26.0% 22.0% 141 $184.0 $137.7 $173.6 $210.0 20.4 20.0
Mid Atlantic Region 91 $132.0 $113.0 $130.0 $148.0 59 $29.6 $8.5 $24.0 $45.0 38 22.0% 20.0% 91 $151.3 $117.0 $147.2 $170.0 21.3 22.0
South East Region 119 $123.2 $97.0 $116.0 $145.0 68 $33.1 $11.3 $24.5 $40.0 45 24.0% 20.0% 119 $142.1 $100.0 $132.0 $171.0 20.5 20.0
Mississippi Valley Region 161 $130.0 $105.0 $125.0 $145.0 111 $30.5 $12.5 $25.0 $41.2 90 24.0% 20.0% 161 $151.0 $113.0 $142.0 $175.1 19.8 20.0
Mountain Region 135 $126.4 $97.7 $120.0 $150.0 85 $35.1 $12.0 $25.0 $45.0 56 20.0% 20.0% 135 $148.5 $103.0 $128.0 $175.0 19.9 20.0
Western Region 123 $132.1 $100.0 $129.1 $160.0 68 $26.8 $10.0 $20.0 $37.0 50 23.0% 20.0% 123 $146.9 $105.0 $135.0 $170.0 18.7 18.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 14 US Data


2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Description of Responsibilities: This is a senior insurance and risk management position in an organization, with authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO, CFO or COO
Cash Compensation
unless they spend more (All
thandollar
50% ofamounts
their time are displayed
directly involvedinin,USD
and $000s)
accountable for, risk management activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives, ensuring effective
hazard (typically insurable risks) risk management for the organization and supervising, leading and/or directing key internal risk stakeholders. This person typically is responsible for the process of identifying, measuring and managing
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in order to optimize operations.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Position level/ Reporting Structure: Reports findings
State Resp.on risk exposures
Average 25th to
pctsenior executives
(median) and/or
75th pct the organization's
Resp. Average 25thboard of directors,
pct (median) 75thand
pct implements
# of Resp. strategies
Average to manage insurable
(median) Resp. and/or
Averagehazard risks.
25th pct Operationally
(median) reports
75th pct to the Chief
Average (median)
Financial Officer, Chief Risk Officer, or other corporate
AL 10 level officer $106.0
$126.5 designee.$121.5 $132.0 6 $19.4 -- $18.0 -- 3 -- -- 10 $138.2 $118.0 $129.2 $145.0 21.1 21.5
AZ 12 $124.8 $107.5 $127.5 $142.2 7 $28.7 -- $17.0 -- 6 25.0% 20.0% 12 $141.6 $109.3 $141.5 $157.5 19.8 17.0
CA 72 $143.5 $114.5 $136.7 $164.0 39 $32.6 $15.0 $27.2 $47.0 27 22.0% 25.0% 72 $161.2 $119.5 $153.2 $201.0 18.9 20.0
CO 32 $111.1 $94.5 $104.6 $124.0 15 $21.5 $12.0 $15.0 $33.0 14 17.0% 17.0% 32 $121.2 $96.3 $114.1 $132.0 19.4 20.0
CT 25 $158.4 $120.0 $151.0 $176.4 21 $37.2 $20.0 $30.0 $47.6 15 29.0% 25.0% 25 $189.7 $142.7 $170.0 $210.0 24.6 25.0
FL 51 $119.6 $97.0 $113.0 $133.0 24 $26.4 $14.3 $22.2 $33.8 19 24.0% 20.0% 51 $132.0 $98.0 $116.0 $164.0 21.5 22.0
GA 19 $143.1 $95.0 $146.4 $177.0 13 $67.8 $40.0 $55.2 $67.0 10 31.0% 30.0% 19 $189.4 $122.0 $182.0 $245.0 22.4 23.0
IA 5 $124.6 -- $122.0 -- 4 -- -- -- -- 3 -- -- 5 $135.8 -- $137.0 -- 16.6 15.0
IL 54 $141.7 $113.0 $141.5 $164.4 36 $37.0 $14.5 $28.0 $55.8 31 24.0% 25.0% 54 $166.4 $122.5 $151.5 $204.0 20.4 20.0
IN 7 $105.4 -- $105.0 -- 2 -- -- -- -- 2 -- -- 7 $108.4 -- $107.5 -- 17.8 15.0
KY 5 $109.4 -- $116.0 -- 2 -- -- -- -- 0 -- -- 5 $115.0 -- $116.9 -- 25.2 25.0
LA 6 $116.8 -- $116.5 -- 3 -- -- -- -- 0 -- -- 6 $124.8 -- $124.3 -- 18.3 20.0
MA 16 $126.9 $112.5 $122.5 $140.5 9 $24.8 -- $20.0 -- 7 20.0% 20.0% 16 $140.8 $115.0 $133.7 $159.9 16.1 16.0
MI 11 $151.4 $112.0 $145.0 $182.0 8 $43.9 -- $33.5 -- 7 39.0% 40.0% 11 $183.4 $137.0 $188.0 $200.0 23.5 23.0
MN 16 $133.9 $116.0 $131.0 $147.5 14 $26.4 $11.5 $27.5 $35.0 10 25.0% 25.0% 16 $157.0 $130.3 $146.5 $180.0 22.1 23.0
MO 14 $113.1 $90.0 $109.5 $126.0 8 $21.9 -- $19.5 -- 8 22.0% 20.0% 14 $125.6 $108.0 $119.5 $140.0 21.2 22.0
NC 19 $130.8 $120.0 $126.0 $135.0 13 $19.5 $8.5 $15.0 $30.0 7 25.0% 16.0% 19 $144.2 $125.0 $145.0 $168.8 23.2 23.0
NJ 37 $149.2 $135.0 $145.0 $172.0 29 $40.1 $20.0 $30.0 $50.0 23 28.0% 25.0% 37 $180.7 $149.0 $175.0 $197.1 19.2 17.0
NV 6 $109.9 -- $112.5 -- 4 -- -- -- -- 4 -- -- 6 $122.5 -- $117.5 -- 10.7 11.5
NY 57 $163.5 $130.0 $155.0 $200.0 38 $45.5 $19.0 $31.0 $60.0 20 24.0% 23.0% 57 $193.8 $138.0 $184.0 $225.0 20.1 20.0
OH 29 $123.6 $110.0 $123.4 $135.9 21 $32.4 $17.0 $31.0 $48.0 15 18.0% 20.0% 29 $147.1 $130.0 $140.0 $166.6 18.1 19.0
OR 15 $107.1 $94.5 $100.0 $125.6 9 $12.3 -- $10.0 -- 5 15.0% 13.0% 15 $114.5 $98.0 $105.0 $135.0 17.8 18.0
PA 32 $138.0 $119.5 $135.8 $150.0 22 $37.9 $24.0 $34.5 $48.0 16 22.0% 20.0% 32 $164.1 $126.5 $161.5 $190.0 19.9 20.0
RI 5 $154.3 -- $156.0 -- 4 -- -- -- -- 3 -- -- 5 $199.7 -- $211.0 -- 22.6 18.0
SC 9 $102.4 -- $88.0 -- 4 -- -- -- -- 2 -- -- 9 $108.9 -- $92.5 -- 18.1 20.0
TN 24 $122.9 $92.0 $123.0 $135.0 18 $28.5 $10.0 $24.5 $39.0 11 18.0% 20.0% 24 $144.3 $98.5 $135.0 $168.0 18.3 18.5
TX 79 $137.7 $107.4 $130.0 $154.0 55 $40.7 $15.0 $26.9 $49.6 29 22.0% 20.0% 79 $166.0 $115.0 $150.0 $202.0 21.0 21.5
UT 7 $121.9 -- $99.9 -- 5 $31.3 -- $25.0 -- 4 -- -- 7 $144.3 -- $124.9 -- 15.3 18.0
VA 23 $129.4 $100.0 $124.0 $148.0 16 $31.1 $3.6 $14.0 $44.5 13 19.0% 16.0% 23 $151.1 $100.0 $138.0 $180.5 21.3 24.0
WA 11 $121.1 $100.0 $111.0 $133.0 4 -- -- -- -- 4 -- -- 11 $128.3 $100.0 $122.0 $154.0 22.1 26.0
WI 21 $116.5 $94.7 $115.0 $134.0 15 $20.6 $7.5 $20.0 $27.0 11 20.0% 20.0% 21 $131.2 $97.0 $119.0 $163.0 17.9 16.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 15 US Data


2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Description of Responsibilities: This is a senior insurance and risk management position in an organization, with authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO, CFO or COO
Cash Compensation
unless they spend more (All
thandollar
50% ofamounts
their time are displayed
directly involvedinin,USD
and $000s)
accountable for, risk management activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives, ensuring effective
hazard (typically insurable
Scope risks) risk management for the organization and supervising, leading and/or directing
Base Salary key internal
Bonus Amountrisk stakeholders. This person typically
Target Bonusis responsible for the Total
process of identifying,
Cash Compensation measuring and managing
Yrs. In Risk Mgmt
insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in order to optimize operations.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area
Position Resp.on risk
level/ Reporting Structure: Reports findings Average 25th to
exposures pctsenior
(median) 75th pct
executives Resp.
and/or Average 25thboard
the organization's pct (median) 75thand
of directors, pct implements
# of Resp. strategies
Average to(median) Resp. and/or
manage insurable Averagehazard
25th pct (median)
risks. 75th pct
Operationally Average
reports (median)
to the Chief
FinancialGAOfficer, Chief Risk Officer, or other corporate
Atlanta, 18 level officer $105.0
$147.3 designee.$149.7 $177.0 13 $67.8 $40.0 $55.2 $67.0 10 31.0% 30.0% 18 $196.3 $133.0 $189.0 $245.0 22.5 23.5
Austin-San Marcos, TX 7 $111.9 -- $104.5 -- 4 -- -- -- -- 2 -- -- 7 $125.1 -- $105.0 -- 14.9 16.0
Birmingham, AL 7 $131.9 -- $125.0 -- 6 $19.4 -- $18.0 -- 3 -- -- 7 $148.5 -- $141.0 -- 19.4 18.0

Boston-Worcester-Lawrence, MA-NH-ME-CT 16 $126.9 $112.5 $122.5 $140.5 9 $24.8 -- $20.0 -- 7 20.0% 20.0% 16 $140.8 $115.0 $133.7 $159.9 16.1 16.0

Charlotte-Gastonia-Rock Hill, NC-SC 10 $128.6 $116.0 $124.2 $134.8 8 $19.2 -- $16.0 -- 7 25.0% 16.0% 10 $144.0 $122.9 $147.5 $158.3 20.0 24.0
Chicago-Gary-Kenosha, IL-IN-WI 47 $141.3 $113.0 $138.0 $164.4 32 $33.1 $12.0 $25.0 $50.0 28 24.0% 25.0% 47 $163.8 $122.5 $150.0 $204.0 20.9 20.0
Cincinnati-Hamilton, OH-KY-IN 6 $118.0 -- $117.7 -- 4 -- -- -- -- 2 -- -- 6 $135.9 -- $128.9 -- 16.3 16.5
Cleveland-Akron, OH 9 $118.9 -- $125.0 -- 8 $30.4 -- $29.5 -- 5 19.0% 20.0% 9 $146.0 -- $158.0 -- 17.8 17.0
Columbus, OH 8 $138.4 -- $135.0 -- 5 $35.9 -- $42.0 -- 5 20.0% 20.0% 8 $160.9 -- $140.5 -- 20.8 19.5
Dallas-Fort Worth, TX 34 $135.7 $110.0 $128.5 $150.0 29 $37.1 $11.2 $25.0 $46.3 15 19.0% 20.0% 34 $167.4 $122.9 $147.9 $195.0 18.9 20.0
Denver-Boulder-Greeley, CO 27 $114.5 $95.0 $109.0 $131.0 11 $21.9 $12.0 $15.0 $40.0 11 18.0% 18.0% 27 $123.4 $96.0 $118.0 $143.0 19.7 20.0
Detroit-Ann Arbor-Flint, MI 6 $162.7 -- $148.5 -- 5 $57.3 -- $43.0 -- 4 -- -- 6 $210.5 -- $191.0 -- 22.7 24.0

Greensboro--Winston Salem--High Point, NC 5 $134.1 -- $120.0 -- 2 -- -- -- -- 0 -- -- 5 $140.5 -- $136.4 -- 26.8 26.0

Greenville-Spartanburg-Anderson, SC 6 $97.5 -- $85.0 -- 3 -- -- -- -- 1 -- -- 6 $103.3 -- $90.4 -- 18.0 19.0


Hartford, CT 5 $120.2 -- $120.0 -- 3 -- -- -- -- 3 -- -- 5 $133.9 -- $142.7 -- 24.2 29.0
Houston-Galveston-Brazoria, TX 28 $152.3 $117.5 $150.0 $177.0 17 $55.6 $25.0 $45.0 $100.0 8 30.0% 25.0% 28 $186.1 $121.0 $170.0 $224.5 24.1 25.0
Jacksonville, FL 8 $109.9 -- $106.5 -- 7 $35.0 -- $21.5 -- 7 28.0% 17.0% 8 $140.6 -- $116.3 -- 15.5 17.5
Kansas City, MO-KS 8 $99.4 -- $98.7 -- 5 $15.4 -- $18.0 -- 5 19.0% 20.0% 8 $109.0 -- $105.2 -- 19.1 18.5

Los Angeles-Riverside-Orange County, CA 33 $147.9 $123.0 $150.0 $162.0 20 $33.6 $11.9 $29.0 $47.5 13 23.0% 25.0% 33 $168.3 $128.0 $160.0 $199.0 21.3 22.0

Memphis, TN-AR-MS 6 $123.4 -- $123.0 -- 5 $25.5 -- $30.0 -- 2 -- -- 6 $144.7 -- $135.0 -- 18.3 17.0
Miami-Fort Lauderdale, FL 11 $124.8 $105.0 $120.0 $145.0 6 $21.1 -- $22.5 -- 3 -- -- 11 $136.3 $105.0 $140.0 $163.5 24.5 25.0
Milwaukee-Racine, WI 12 $118.4 $91.6 $111.0 $138.9 9 $21.1 -- $24.0 -- 7 18.0% 20.0% 12 $134.2 $98.6 $124.5 $170.2 18.2 16.5
Minneapolis-St. Paul, MN-WI 16 $133.9 $116.0 $131.0 $147.5 14 $26.4 $11.5 $27.5 $35.0 10 25.0% 25.0% 16 $157.0 $130.3 $146.5 $180.0 22.1 23.0
Nashville, TN 14 $128.9 $82.0 $127.5 $147.5 10 $32.4 $5.0 $27.5 $43.0 7 17.0% 20.0% 14 $152.0 $87.0 $146.5 $177.5 19.4 19.5
New York-Northern New Jersey-Long Island, NY-
101 $163.9 $135.0 $152.0 $188.0 79 $42.9 $20.0 $30.0 $55.0 50 27.0% 25.0% 101 $197.4 $149.0 $180.0 $216.9 20.5 20.0
NJ-CT-PA
Orlando, FL 5 $117.7 -- $113.0 -- 3 -- -- -- -- 1 -- -- 5 $130.5 -- $113.0 -- 24.0 22.0
Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-
21 $135.6 $116.4 $130.0 $147.0 14 $33.1 $16.0 $25.5 $45.0 9 30.0% 20.0% 21 $157.7 $125.0 $155.0 $175.5 20.6 20.0
MD
Phoenix, AZ 10 $124.2 $105.0 $120.0 $149.3 6 $30.7 -- $27.5 -- 5 27.0% 20.0% 10 $142.6 $105.0 $142.2 $160.0 19.3 17.0
Pittsburgh, PA 10 $146.1 $139.5 $150.0 $159.0 8 $52.3 -- $54.0 -- 6 26.0% 28.0% 10 $188.0 $165.0 $199.9 $218.0 17.5 17.0
Portland-Salem, OR-WA 15 $107.7 $94.5 $103.0 $125.6 9 $12.3 -- $10.0 -- 5 15.0% 13.0% 15 $115.1 $99.6 $107.0 $135.0 19.2 18.0
Providence-Fall River-Warwick, RI-MA 5 $154.3 -- $156.0 -- 4 -- -- -- -- 3 -- -- 5 $199.7 -- $211.0 -- 22.6 18.0
Raleigh-Durham-Chapel Hill, NC 6 $130.0 -- $131.5 -- 4 -- -- -- -- 1 -- -- 6 $145.2 -- $140.4 -- 23.0 21.5
Richmond-Petersburg, VA 7 $144.0 -- $130.0 -- 6 $40.2 -- $15.6 -- 4 -- -- 7 $178.5 -- $147.2 -- 23.4 26.0
Salt Lake City-Ogden, UT 6 $131.4 -- $112.5 -- 5 $31.3 -- $25.0 -- 4 -- -- 6 $157.5 -- $135.0 -- 16.5 18.5
San Antonio, TX 8 $131.4 -- $135.0 -- 5 $24.5 -- $24.5 -- 4 -- -- 8 $146.7 -- $150.0 -- 24.0 25.5
San Diego, CA 8 $124.2 -- $118.0 -- 3 -- -- -- -- 1 -- -- 8 $129.8 -- $121.2 -- 21.3 20.5
San Francisco-Oakland-San Jose, CA 25 $153.6 $126.0 $160.0 $180.0 14 $37.0 $18.3 $32.0 $55.0 12 23.0% 23.0% 25 $174.3 $126.0 $165.0 $213.1 16.6 18.0
Seattle-Tacoma-Bremerton, WA 10 $122.5 $100.0 $118.0 $133.0 4 -- -- -- -- 4 -- -- 10 $130.5 $100.0 $123.5 $154.0 21.6 25.5
St. Louis, MO-IL 8 $122.7 -- $122.5 -- 5 $23.5 -- $19.0 -- 5 23.0% 20.0% 8 $137.4 -- $133.9 -- 21.3 23.5

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 16 US Data


2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Description of Responsibilities: This is a senior insurance and risk management position in an organization, with authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO, CFO or COO
Cash Compensation
unless they spend more (All
thandollar
50% ofamounts
their time are displayed
directly involvedinin,USD
and $000s)
accountable for, risk management activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives, ensuring effective
hazard (typically insurable
Scope risks) risk management for the organization and supervising, leading and/or directing
Base Salary key internal
Bonus Amountrisk stakeholders. This person typically
Target Bonusis responsible for the Total
process of identifying,
Cash Compensation measuring and managing
Yrs. In Risk Mgmt
insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in order to optimize operations.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area
Position Resp.on risk
level/ Reporting Structure: Reports findings Average 25th to
exposures pctsenior
(median) 75th pct
executives Resp.
and/or Average 25thboard
the organization's pct (median) 75thand
of directors, pct implements
# of Resp. strategies
Average to(median) Resp. and/or
manage insurable Averagehazard
25th pct (median)
risks. 75th pct
Operationally Average
reports (median)
to the Chief
Financial Officer,
Tampa-St. Chief Risk Officer,
Petersburg-Clearwater, FL or other corporate
8 level officer designee.
$130.3 -- $116.4 -- 4 -- -- -- -- 3 -- -- 8 $146.6 -- $142.6 -- 20.5 20.5
Washington-Baltimore, DC-MD-VA-WV 23 $131.4 $101.0 $130.0 $150.0 13 $26.9 $5.0 $16.0 $30.0 10 21.0% 18.0% 23 $146.7 $106.0 $133.0 $170.0 17.9 16.0
West Palm Beach-Boca Raton, FL 9 $109.6 -- $103.0 -- 1 -- -- -- -- 1 -- -- 9 $110.3 -- $103.0 -- 24.3 26.0

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 63.6% Yes 39.9%
Female 34.9% No 59.9%
Did Not Indicate 1.4% Did Not Indicate 0.3%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 6.0% Incentive Stock Options (ISOs) 25.1%
Bachelors 48.3% Non-Qualified Stock Options (NQSOs) 18.9%
MA/MS 8.6% Restricted Stock 52.4%
MBA 26.5% Stock Appreciation Rights (SARs) 6.8%
JD 6.5% Performance Shares 12.4%
MD 0.1% Performance Units 8.5%
Ph.D 0.4% Long-Term Cash 11.4%
Other 3.6% None of the Above Received 5.9%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 81.7% Yes 82.5%
Division 3.2% No 17.5%
Subsidiary 5.3%
Single Location 4.0%
Other 5.7%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 17 US Data


2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 18


2013 Risk Management Compensation Survey

Manager - Insurance Management


Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers, consultants and other
administrators, preparing loss analyses and budgets, identifying exposures, recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and
managing safety/risk management manuals.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 359 $102.1 $85.0 $99.0 $115.0 216 $15.4 $6.2 $11.0 $20.0 144 19.0% 15.0% 359 $111.4 $88.0 $104.5 $129.0 15.4 14.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 181 $107.5 $86.0 $104.9 $119.0 128 $17.6 $8.0 $14.8 $20.2 99 20.0% 15.0% 181 $119.9 $91.9 $114.0 $136.0 15.2 13.0
Private 87 $99.7 $81.0 $97.0 $115.5 66 $12.7 $6.1 $10.0 $16.0 36 19.0% 15.0% 87 $109.3 $89.0 $105.0 $129.5 14.0 12.0
Government 44 $94.0 $82.6 $93.0 $103.8 6 $16.8 -- $2.0 -- 3 -- -- 44 $96.3 $82.6 $93.0 $106.0 18.2 18.0
Not-for-Profit 34 $89.9 $80.0 $91.1 $95.0 10 $7.2 $4.8 $7.3 $10.0 2 -- -- 34 $92.0 $80.0 $92.0 $102.0 16.5 17.5
Other 13 $103.6 $93.6 $100.0 $110.0 6 $11.8 -- $12.8 -- 4 -- -- 13 $109.1 $93.6 $105.0 $116.2 16.7 15.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 23 $82.2 $69.0 $80.0 $93.0 8 $4.9 -- $2.6 -- 5 10.0% 10.0% 23 $83.9 $69.0 $82.2 $98.1 15.5 13.0
$100 - $250 Million 17 $95.3 $77.0 $96.0 $107.9 8 $13.5 -- $11.0 -- 2 -- -- 17 $101.7 $89.0 $96.0 $113.0 17.9 16.8
$250 - $500 Million 25 $90.7 $80.0 $91.6 $103.7 13 $15.2 $2.0 $4.8 $21.0 2 -- -- 25 $98.6 $82.0 $93.6 $108.5 13.8 12.0
$500 Million - $1 Billion 32 $102.5 $81.5 $93.8 $110.0 14 $10.8 $7.0 $8.8 $14.0 8 13.0% 10.0% 32 $107.2 $84.5 $95.5 $111.5 16.4 15.5
$1 - $5 Billion 112 $102.4 $85.8 $99.5 $114.8 76 $13.5 $6.7 $10.9 $17.3 55 18.0% 15.0% 112 $111.5 $90.6 $105.5 $129.5 14.8 12.0
$5 - $10 Billion 45 $103.4 $91.0 $103.0 $115.0 36 $12.8 $6.8 $10.8 $18.6 19 24.0% 15.0% 45 $113.6 $100.0 $113.0 $129.0 17.1 16.0
Greater than $10 Billion 80 $115.3 $95.1 $110.5 $125.0 53 $23.8 $10.4 $18.0 $26.0 48 20.0% 16.0% 80 $131.1 $100.3 $121.3 $140.5 16.2 14.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 36 $88.6 $77.0 $87.8 $93.5 14 $13.0 $5.6 $10.5 $20.0 12 27.0% 11.0% 36 $93.6 $77.0 $90.0 $101.8 19.0 20.5
Bachelors 192 $102.9 $85.0 $100.0 $113.5 130 $15.3 $5.9 $10.9 $19.0 85 17.0% 15.0% 192 $113.3 $89.0 $104.8 $127.0 15.3 13.0
MA/MS 27 $101.5 $85.0 $100.0 $111.0 13 $10.5 $8.0 $10.0 $14.9 9 25.0% 15.0% 27 $106.6 $90.0 $105.0 $116.9 17.6 17.0
MBA 76 $105.5 $89.5 $104.5 $119.0 43 $17.5 $8.0 $16.0 $21.8 27 18.0% 15.0% 76 $115.4 $92.1 $113.4 $135.0 14.4 12.5
JD 8 $106.3 -- $108.0 -- 5 $9.4 -- $10.0 -- 3 -- -- 8 $112.1 -- $115.0 -- 9.3 9.0
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 167 $99.6 $81.9 $95.0 $110.0 105 $13.7 $6.1 $10.8 $19.0 67 19.0% 15.0% 167 $108.2 $85.0 $103.7 $126.0 15.1 13.0
1 or Fewer 66 $103.6 $85.0 $100.2 $118.0 49 $14.2 $7.0 $10.0 $20.0 34 22.0% 15.0% 66 $114.1 $90.0 $110.1 $130.0 14.5 12.0
From 1 to 3 60 $102.5 $88.5 $100.0 $113.9 26 $14.6 $5.0 $14.3 $16.5 16 15.0% 15.0% 60 $108.8 $89.3 $104.4 $116.8 15.0 13.0
From 3 to 5 22 $102.4 $90.0 $102.5 $119.0 13 $15.7 $8.3 $14.9 $18.0 7 17.0% 15.0% 22 $111.7 $90.0 $108.2 $130.0 15.8 15.9
More than 5 19 $115.3 $80.0 $113.0 $131.0 11 $34.7 $10.0 $16.5 $45.0 9 24.0% 20.0% 19 $135.4 $90.0 $120.0 $150.0 16.6 17.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 19 US Data


2013 Risk Management Compensation Survey

Manager - Insurance Management


Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers, consultants and other
Cash Compensation
administrators, (All
preparing lossdollar amounts
analyses are displayed
and budgets, identifyinginexposures,
USD $000s)recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and
managing safety/risk management manuals.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 3 -- -- -- -- 3 -- -- -- -- 3 -- -- 3 -- -- -- -- -- --
Business/Info
6 $99.3 -- $87.5 -- 4 -- -- -- -- 3 -- -- 6 $104.9 -- $91.8 -- 14.2 13.0
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 13 $118.4 $104.0 $117.8 $134.0 10 $15.6 $14.0 $16.6 $20.0 8 13.0% 12.0% 13 $130.4 $120.0 $136.0 $146.0 13.1 12.0
Computer Software/Services 4 -- -- -- -- 3 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --
Construction/Engineering/Architectural 15 $113.2 $80.5 $103.0 $115.0 9 $12.1 -- $12.0 -- 5 14.0% 15.0% 15 $120.4 $81.0 $106.0 $127.0 16.1 15.0
Education 7 $86.5 -- $80.0 -- 2 -- -- -- -- 2 -- -- 7 $89.7 -- $80.0 -- 16.1 14.0
Energy 24 $119.3 $96.8 $112.8 $136.1 22 $26.2 $10.0 $20.0 $37.5 12 33.0% 23.0% 24 $143.3 $108.3 $140.5 $154.1 15.8 14.5
Entertainment & Media 4 -- -- -- -- 2 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
Finance/Banking 17 $101.9 $81.4 $95.0 $107.5 9 $29.7 -- $23.5 -- 6 34.0% 28.0% 17 $117.7 $81.4 $104.5 $136.0 15.6 15.0
Government 26 $91.4 $79.2 $91.8 $100.3 2 -- -- -- -- 2 -- -- 26 $91.6 $79.2 $91.8 $102.0 19.5 19.0
Healthcare 23 $97.7 $85.0 $92.0 $104.2 8 $18.8 -- $13.9 -- 5 22.0% 25.0% 23 $104.2 $85.0 $95.0 $110.0 16.8 16.0
Hospitality 8 $83.7 -- $79.5 -- 5 $7.9 -- $8.0 -- 2 -- -- 8 $88.7 -- $87.5 -- 12.9 12.5
Insurance 18 $95.2 $89.9 $94.5 $104.0 11 $8.2 $3.5 $7.2 $10.0 9 10.0% 10.0% 18 $100.3 $90.0 $97.1 $113.0 16.2 14.5
Mfg - Durable (includes Aerospace,
37 $106.3 $83.0 $100.0 $125.0 24 $15.4 $5.0 $11.0 $20.5 19 24.0% 15.0% 37 $116.3 $85.0 $105.0 $135.0 14.5 14.0
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
19 $109.4 $93.0 $108.0 $126.0 15 $12.9 $7.0 $10.5 $16.5 8 14.0% 15.0% 19 $119.6 $102.0 $119.0 $135.0 11.2 10.0
Products)
Mining/Milling/Smelting 8 $106.3 -- $108.5 -- 5 $8.4 -- $5.0 -- 3 -- -- 8 $111.6 -- $110.3 -- 20.5 24.0
Not-for-Profit 6 $90.6 -- $73.5 -- 2 -- -- -- -- 0 -- -- 6 $91.4 -- $73.6 -- 12.1 8.5
Real Estate 11 $98.1 $85.0 $96.0 $103.0 6 $17.0 -- $13.0 -- 4 -- -- 11 $107.4 $92.2 $100.0 $122.5 11.3 8.0
Research & Development 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Retail 18 $97.6 $83.0 $89.0 $113.0 13 $11.0 $6.0 $8.5 $11.0 12 20.0% 12.0% 18 $105.6 $85.0 $98.8 $119.4 13.6 12.5
Service 3 -- -- -- -- 2 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Telecommunications 5 $102.0 -- $102.0 -- 5 $15.4 -- $14.9 -- 4 -- -- 5 $117.3 -- $116.9 -- 13.8 10.0
Transportation 19 $95.7 $80.0 $96.0 $110.0 11 $17.9 $12.2 $16.0 $22.0 7 20.0% 20.0% 19 $106.1 $88.0 $102.0 $129.0 15.5 14.0
Utilities 32 $104.5 $92.3 $104.5 $114.7 18 $18.3 $7.0 $9.8 $18.0 10 13.0% 10.0% 32 $114.8 $99.1 $108.0 $127.7 18.7 19.5
Wholesale Distribution 9 $95.7 -- $90.0 -- 6 $11.6 -- $11.0 -- 7 26.0% 15.0% 9 $103.5 -- $104.0 -- 14.4 10.0
Other 23 $103.9 $85.0 $100.0 $108.0 19 $13.3 $7.6 $12.0 $16.0 9 18.0% 20.0% 23 $114.9 $95.4 $108.9 $120.9 15.1 12.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 45 $108.0 $90.0 $103.0 $120.0 28 $17.2 $7.8 $14.9 $24.3 21 18.0% 15.0% 45 $118.7 $94.0 $114.0 $131.8 13.1 11.0
Mid Atlantic Region 46 $99.8 $83.0 $96.9 $110.0 28 $11.9 $8.8 $11.0 $15.0 21 18.0% 15.0% 46 $107.1 $89.0 $105.0 $120.0 17.0 15.0
South East Region 42 $92.9 $80.0 $91.5 $104.0 24 $13.5 $3.8 $8.5 $18.0 18 17.0% 15.0% 42 $100.6 $85.0 $96.5 $109.0 17.3 18.0
Mississippi Valley Region 105 $100.6 $84.6 $98.0 $115.0 62 $17.0 $6.1 $13.5 $20.0 45 18.0% 15.0% 105 $110.6 $85.0 $102.0 $124.9 16.2 15.0
Mountain Region 60 $107.0 $81.8 $99.5 $123.1 42 $19.8 $7.9 $14.8 $22.0 24 26.0% 18.0% 60 $120.9 $87.0 $105.3 $141.9 14.9 13.5
Western Region 61 $103.8 $89.0 $100.0 $119.0 32 $9.6 $4.5 $9.8 $13.5 15 17.0% 12.0% 61 $108.8 $92.0 $107.9 $125.0 14.0 13.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 20 US Data


2013 Risk Management Compensation Survey

Manager - Insurance Management


Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers, consultants and other
Cash Compensation
administrators, (All
preparing lossdollar amounts
analyses are displayed
and budgets, identifyinginexposures,
USD $000s)recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and
managing safety/risk management manuals.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
AZ 6 $101.3 -- $94.0 -- 5 $8.6 -- $10.0 -- 0 -- -- 6 $108.5 -- $101.0 -- 13.7 14.5
CA 33 $110.9 $95.8 $106.0 $129.0 19 $9.7 $3.5 $10.0 $14.5 12 19.0% 15.0% 33 $116.5 $103.5 $114.0 $131.0 11.6 9.0
CO 7 $111.3 -- $104.0 -- 4 -- -- -- -- 1 -- -- 7 $116.1 -- $104.0 -- 16.1 15.0
CT 5 $94.9 -- $85.0 -- 2 -- -- -- -- 2 -- -- 5 $101.7 -- $85.0 -- 7.6 8.0
DC 5 $118.3 -- $105.0 -- 3 -- -- -- -- 2 -- -- 5 $123.6 -- $114.5 -- 26.0 28.0
FL 17 $89.8 $84.0 $90.5 $100.0 8 $8.1 -- $5.8 -- 9 15.0% 15.0% 17 $93.7 $85.1 $90.5 $103.3 19.9 22.0
GA 12 $89.8 $74.5 $87.0 $102.0 7 $17.1 -- $7.0 -- 4 -- -- 12 $99.8 $78.5 $89.5 $102.0 12.1 11.0
IL 30 $108.7 $88.0 $103.5 $125.0 21 $19.8 $9.0 $18.2 $28.0 16 19.0% 20.0% 30 $122.6 $95.4 $118.1 $140.0 16.4 15.0
IN 6 $95.3 -- $87.5 -- 4 -- -- -- -- 4 -- -- 6 $108.3 -- $96.6 -- 11.1 12.0
MA 6 $114.3 -- $110.3 -- 4 -- -- -- -- 3 -- -- 6 $133.4 -- $133.5 -- 14.2 15.0
MI 11 $102.3 $86.0 $104.0 $120.0 7 $11.9 -- $10.0 -- 3 -- -- 11 $109.8 $90.0 $104.0 $122.0 17.5 16.0
MN 15 $106.2 $85.0 $100.3 $125.0 8 $23.2 -- $10.2 -- 6 19.0% 18.0% 15 $118.6 $85.0 $100.3 $135.4 17.8 13.0
MO 13 $87.7 $74.0 $82.0 $104.2 4 -- -- -- -- 5 10.0% 10.0% 13 $90.3 $78.5 $82.0 $104.2 14.6 12.0
NC 5 $86.0 -- $86.9 -- 1 -- -- -- -- 1 -- -- 5 $87.0 -- $91.9 -- 13.2 12.0
NJ 17 $107.4 $92.6 $113.0 $117.8 11 $13.2 $5.6 $14.0 $20.0 6 14.0% 13.0% 17 $115.9 $98.1 $115.0 $130.0 12.8 12.0
NY 13 $117.8 $96.0 $103.0 $130.0 7 $20.8 -- $14.7 -- 8 15.0% 15.0% 13 $129.1 $96.0 $112.7 $155.0 14.4 13.0
OH 13 $90.4 $81.4 $90.0 $102.0 8 $14.6 -- $7.0 -- 7 32.0% 20.0% 13 $99.4 $81.4 $96.0 $110.0 12.0 11.0
PA 19 $97.0 $80.0 $98.5 $110.0 15 $12.6 $9.7 $11.0 $15.0 10 24.0% 15.0% 19 $107.0 $89.0 $108.0 $121.0 17.1 15.0
TN 5 $104.0 -- $100.0 -- 3 -- -- -- -- 1 -- -- 5 $116.9 -- $109.0 -- 20.4 22.0
TX 37 $103.0 $79.0 $95.0 $122.0 26 $20.8 $7.9 $14.5 $28.0 18 30.0% 20.0% 37 $117.6 $81.0 $104.0 $141.4 15.4 14.0
VA 11 $104.2 $92.0 $95.0 $125.0 6 $10.3 -- $13.4 -- 5 14.0% 15.0% 11 $109.8 $92.0 $107.0 $135.0 15.8 13.0
WA 9 $91.6 -- $87.6 -- 5 $11.5 -- $8.6 -- 2 -- -- 9 $98.0 -- $93.5 -- 16.9 15.0
WI 12 $100.1 $77.0 $99.5 $112.2 7 $14.0 -- $11.0 -- 3 -- -- 12 $108.3 $81.0 $100.0 $127.7 18.1 20.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 21 US Data


2013 Risk Management Compensation Survey

Manager - Insurance Management


Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers, consultants and other
Cash Compensation
administrators, (All
preparing lossdollar amounts
analyses are displayed
and budgets, identifyinginexposures,
USD $000s)recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and
managing safety/riskScope
management manuals. Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Atlanta, GA 10 $90.3 $74.0 $84.5 $104.0 6 $17.8 -- $6.0 -- 4 -- -- 10 $101.0 $77.0 $85.5 $104.0 12.0 11.0

Boston-Worcester-Lawrence, MA-NH-ME-CT 5 $117.0 -- $113.0 -- 5 $23.8 -- $23.5 -- 4 -- -- 5 $140.8 -- $136.0 -- 13.4 18.0

Chicago-Gary-Kenosha, IL-IN-WI 29 $105.4 $88.0 $102.0 $119.0 21 $17.2 $9.0 $18.0 $25.0 16 18.0% 18.0% 29 $117.9 $95.4 $116.2 $136.0 15.6 12.0
Cleveland-Akron, OH 6 $95.9 -- $95.5 -- 3 -- -- -- -- 1 -- -- 6 $105.0 -- $98.5 -- 16.3 14.5
Dallas-Fort Worth, TX 10 $90.8 $68.1 $80.3 $124.2 6 $14.7 -- $14.5 -- 5 10.0% 10.0% 10 $99.6 $68.2 $84.3 $141.4 12.7 13.5
Denver-Boulder-Greeley, CO 6 $112.6 -- $112.0 -- 4 -- -- -- -- 1 -- -- 6 $118.1 -- $113.5 -- 16.8 17.5
Detroit-Ann Arbor-Flint, MI 8 $99.6 -- $100.5 -- 4 -- -- -- -- 1 -- -- 8 $103.0 -- $103.0 -- 14.1 13.0
Houston-Galveston-Brazoria, TX 21 $115.2 $93.6 $105.0 $134.0 17 $25.0 $9.9 $20.0 $39.0 10 37.0% 23.0% 21 $135.5 $102.0 $130.5 $145.0 16.5 14.0
Indianapolis, IN 5 $97.9 -- $89.9 -- 3 -- -- -- -- 4 -- -- 5 $109.8 -- $92.1 -- 10.7 12.0
Jacksonville, FL 6 $92.4 -- $88.8 -- 5 $7.7 -- $6.5 -- 4 -- -- 6 $98.9 -- $93.8 -- 15.0 15.5
Kansas City, MO-KS 6 $84.0 -- $82.7 -- 3 -- -- -- -- 3 -- -- 6 $86.9 -- $87.0 -- 17.0 19.0

Los Angeles-Riverside-Orange County, CA 17 $104.4 $90.0 $103.0 $129.0 8 $10.2 -- $10.0 -- 4 -- -- 17 $109.2 $101.6 $107.9 $129.0 10.5 8.0

Milwaukee-Racine, WI 7 $107.9 -- $110.0 -- 4 -- -- -- -- 2 -- -- 7 $117.5 -- $120.0 -- 16.1 20.0


Minneapolis-St. Paul, MN-WI 12 $104.8 $87.5 $99.2 $117.5 6 $25.5 -- $10.0 -- 5 22.0% 20.0% 12 $117.5 $88.1 $100.1 $124.8 18.0 15.5
New York-Northern New Jersey-Long Island, NY-
26 $112.6 $92.6 $111.3 $122.0 15 $16.3 $7.6 $14.7 $22.0 12 14.0% 15.0% 26 $122.0 $96.0 $115.0 $131.8 12.4 10.5
NJ-CT-PA
Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-
17 $99.3 $80.0 $105.0 $115.5 12 $13.0 $7.7 $11.0 $20.4 9 24.0% 15.0% 17 $108.4 $87.6 $110.0 $130.0 15.7 15.0
MD
Phoenix, AZ 5 $105.4 -- $98.0 -- 4 -- -- -- -- 0 -- -- 5 $112.4 -- $102.0 -- 11.4 10.0
Portland-Salem, OR-WA 5 $83.2 -- $85.0 -- 0 -- -- -- -- 0 -- -- 5 $83.2 -- $85.0 -- 19.5 22.0
San Diego, CA 5 $115.8 -- $105.0 -- 3 -- -- -- -- 3 -- -- 5 $125.6 -- $125.0 -- 15.8 15.0
San Francisco-Oakland-San Jose, CA 10 $118.5 $104.0 $109.0 $140.0 7 $7.4 -- $8.0 -- 5 21.0% 10.0% 10 $123.7 $110.0 $114.2 $140.0 9.6 8.0
Seattle-Tacoma-Bremerton, WA 8 $92.4 -- $90.3 -- 5 $11.5 -- $8.6 -- 2 -- -- 8 $99.6 -- $93.5 -- 15.9 14.0
St. Louis, MO-IL 6 $89.4 -- $97.1 -- 1 -- -- -- -- 1 -- -- 6 $92.0 -- $97.1 -- 17.7 17.5
Washington-Baltimore, DC-MD-VA-WV 14 $109.1 $93.0 $105.0 $115.5 7 $10.2 -- $9.5 -- 7 13.0% 10.0% 14 $114.2 $93.0 $112.3 $135.0 18.9 15.5

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 22 US Data


2013 Risk Management Compensation Survey

Manager - Insurance Management


Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers, consultants and other
administrators,
Respondentpreparing loss analyses and budgets, identifying exposures, recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and
Characteristics
managing safety/risk management manuals.
Gender Long-Term Incentive Eligible
Male 48.2% Yes 21.4%
Female 49.6% No 78.3%
Did Not Indicate 2.2% Did Not Indicate 0.3%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 10.0% Incentive Stock Options (ISOs) 32.5%
Bachelors 53.5% Non-Qualified Stock Options (NQSOs) 14.3%
MA/MS 7.5% Restricted Stock 50.6%
MBA 21.2% Stock Appreciation Rights (SARs) 7.8%
JD 2.2% Performance Shares 11.7%
MD 0.0% Performance Units 5.2%
Ph.D 0.0% Long-Term Cash 11.7%
Other 5.6% None of the Above Received 6.5%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 77.4% Yes 53.5%
Division 5.3% No 46.5%
Subsidiary 8.4%
Single Location 5.0%
Other 3.9%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 23 US Data


2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 24


2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager


Combination of data from the Employee Benefits Manager & Workers' Compensation Claims Manager positions.

See pages 9 though 14 in Section I of this report for a detailed job description of all positions.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 45 $84.4 $67.0 $82.0 $97.0 20 $8.1 $3.5 $6.8 $11.0 11 10.0% 10.0% 45 $88.0 $70.3 $85.0 $106.0 14.2 12.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 17 $84.6 $70.0 $85.0 $94.0 11 $8.3 $2.9 $5.3 $15.5 6 10.0% 7.0% 17 $90.0 $72.3 $85.0 $110.0 16.1 16.0
Private 13 $72.5 $60.0 $75.0 $82.0 5 $7.4 -- $8.2 -- 2 -- -- 13 $75.4 $60.0 $78.0 $90.2 7.5 7.0
Government 7 $96.7 -- $80.0 -- 0 -- -- -- -- 0 -- -- 7 $96.7 -- $80.0 -- 16.3 18.0
Not-for-Profit 7 $93.3 -- $88.0 -- 4 -- -- -- -- 3 -- -- 7 $98.1 -- $88.0 -- 18.7 16.0
Other 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 9 $80.3 -- $80.0 -- 1 -- -- -- -- 0 -- -- 9 $81.3 -- $80.0 -- 12.0 9.0
$100 - $250 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$250 - $500 Million 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
$500 Million - $1 Billion 5 $106.4 -- $100.0 -- 3 -- -- -- -- 2 -- -- 5 $112.8 -- $106.0 -- 16.6 18.0
$1 - $5 Billion 9 $88.8 -- $82.0 -- 6 $8.1 -- $7.2 -- 3 -- -- 9 $94.2 -- $85.0 -- 16.1 13.0
$5 - $10 Billion 3 -- -- -- -- 2 -- -- -- -- 3 -- -- 3 -- -- -- -- -- --
Greater than $10 Billion 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 10 $79.3 $67.0 $82.0 $94.0 5 $5.9 -- $4.0 -- 3 -- -- 10 $82.3 $67.0 $84.8 $96.9 15.9 8.5
Bachelors 25 $82.8 $65.0 $85.0 $94.0 11 $8.6 $3.2 $6.0 $16.0 4 -- -- 25 $86.5 $67.0 $85.0 $101.8 14.3 13.0
MA/MS 5 $97.0 -- $99.0 -- 4 -- -- -- -- 3 -- -- 5 $104.8 -- $114.5 -- 11.8 12.0
MBA 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 17 $70.8 $60.0 $74.0 $82.0 6 $5.8 -- $5.7 -- 4 -- -- 17 $72.8 $60.0 $74.0 $85.0 9.9 10.0
1 or Fewer 5 $74.6 -- $70.0 -- 2 -- -- -- -- 0 -- -- 5 $78.3 -- $72.3 -- 13.2 13.0
From 1 to 3 8 $84.0 -- $81.5 -- 4 -- -- -- -- 2 -- -- 8 $88.2 -- $85.0 -- 16.0 19.0
From 3 to 5 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
More than 5 8 $108.9 -- $117.0 -- 5 $11.7 -- $9.0 -- 3 -- -- 8 $116.2 -- $127.0 -- 14.5 15.5

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 25 US Data


2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager


Combination of data from the Employee Benefits Manager & Workers' Compensation Claims Manager positions.
Cash Compensation (All dollar amounts are displayed in USD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Business/Info
1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Computer Software/Services 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Construction/Engineering/Architectural 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Education 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Energy 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Entertainment & Media 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Finance/Banking 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Government 5 $74.4 -- $75.1 -- 0 -- -- -- -- 0 -- -- 5 $74.4 -- $75.1 -- 13.6 12.0
Healthcare 5 $90.2 -- $85.0 -- 3 -- -- -- -- 2 -- -- 5 $96.2 -- $87.5 -- 19.0 20.0
Hospitality 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Insurance 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Mfg - Durable (includes Aerospace,
4 -- -- -- -- 2 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
3 -- -- -- -- 3 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Products)
Mining/Milling/Smelting 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Not-for-Profit 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Real Estate 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 6 $73.8 -- $67.5 -- 3 -- -- -- -- 0 -- -- 6 $78.8 -- $72.3 -- 13.3 10.5
Service 3 -- -- -- -- 2 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Telecommunications 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Transportation 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Utilities 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Wholesale Distribution 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Other 4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 4 -- -- -- -- 4 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --
Mid Atlantic Region 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
South East Region 7 $70.7 -- $65.0 -- 3 -- -- -- -- 1 -- -- 7 $74.6 -- $67.0 -- 15.9 20.0
Mississippi Valley Region 8 $90.8 -- $85.0 -- 3 -- -- -- -- 2 -- -- 8 $94.2 -- $86.6 -- 12.4 11.5
Mountain Region 8 $93.7 -- $77.0 -- 1 -- -- -- -- 0 -- -- 8 $94.0 -- $77.0 -- 13.0 11.5
Western Region 17 $81.9 $65.0 $82.0 $100.0 8 $10.5 -- $8.8 -- 5 10.0% 10.0% 17 $86.8 $70.3 $82.0 $107.0 14.0 10.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 26 US Data


2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager


Combination of data from the Employee Benefits Manager & Workers' Compensation Claims Manager positions.
Cash Compensation (All dollar amounts are displayed in USD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
CA 10 $79.1 $50.0 $81.0 $100.0 4 -- -- -- -- 2 -- -- 10 $83.3 $50.0 $81.0 $107.0 11.0 9.5

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

Los Angeles-Riverside-Orange County, CA 5 $79.8 -- $82.0 -- 3 -- -- -- -- 1 -- -- 5 $84.5 -- $82.0 -- 7.8 9.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 27 US Data


2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager


Combination of data from the Employee Benefits Manager & Workers' Compensation Claims Manager positions.
Respondent Characteristics
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Gender Long-Term Incentive Eligible
Male 24.4% Yes 15.6%
Female 68.9% No 84.4%
Did Not Indicate 6.7% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 22.2% Incentive Stock Options (ISOs) 14.3%
Bachelors 55.6% Non-Qualified Stock Options (NQSOs) 28.6%
MA/MS 11.1% Restricted Stock 28.6%
MBA 4.4% Stock Appreciation Rights (SARs) 0.0%
JD 0.0% Performance Shares 0.0%
MD 0.0% Performance Units 0.0%
Ph.D 0.0% Long-Term Cash 14.3%
Other 6.7% None of the Above Received 42.9%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 60.0% Yes 62.2%
Division 11.1% No 37.8%
Subsidiary 6.7%
Single Location 8.9%
Other 13.3%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 28 US Data


2013 Risk Management Compensation Survey

Claims Manager
Mitigates an organizations exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs a program to
ensure the proper and efficient handling of claims, gathering data on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Is also responsible for post loss reduction techniques such as
salvage, subrogation and rehabilitation.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 112 $86.9 $70.1 $85.5 $100.1 51 $15.9 $4.6 $10.0 $20.0 29 22.0% 15.0% 112 $94.1 $71.5 $87.2 $109.0 16.6 15.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 58 $92.7 $76.0 $91.3 $104.0 31 $21.5 $10.0 $17.0 $25.0 21 26.0% 20.0% 58 $104.2 $76.6 $100.0 $121.0 16.9 15.0
Private 34 $76.7 $61.0 $77.5 $89.0 17 $7.8 $3.0 $5.0 $10.0 6 14.0% 12.0% 34 $80.6 $62.0 $78.5 $91.7 14.4 12.5
Government 10 $83.9 $59.9 $82.3 $93.7 2 -- -- -- -- 1 -- -- 10 $84.5 $59.9 $82.3 $95.3 20.6 23.5
Not-for-Profit 6 $103.8 -- $95.0 -- 1 -- -- -- -- 0 -- -- 6 $104.7 -- $95.0 -- 15.4 16.0
Other 4 -- -- -- -- 0 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 9 $82.5 -- $71.0 -- 3 -- -- -- -- 0 -- -- 9 $83.6 -- $72.0 -- 17.7 12.0
$100 - $250 Million 5 $79.8 -- $89.0 -- 2 -- -- -- -- 1 -- -- 5 $81.8 -- $89.0 -- 16.2 22.0
$250 - $500 Million 8 $84.0 -- $79.2 -- 4 -- -- -- -- 2 -- -- 8 $90.4 -- $82.0 -- 15.8 15.5
$500 Million - $1 Billion 8 $82.5 -- $84.0 -- 2 -- -- -- -- 1 -- -- 8 $84.2 -- $84.5 -- 17.4 17.5
$1 - $5 Billion 18 $88.3 $76.0 $90.5 $104.0 8 $9.0 -- $8.1 -- 4 -- -- 18 $92.3 $76.0 $92.0 $111.0 16.6 20.0
$5 - $10 Billion 11 $93.9 $83.0 $90.0 $102.0 8 $14.7 -- $15.0 -- 4 -- -- 11 $104.6 $88.0 $104.0 $125.0 16.3 14.0
Greater than $10 Billion 20 $104.4 $93.5 $100.1 $107.0 14 $29.1 $10.0 $20.5 $29.0 9 25.0% 12.0% 20 $124.7 $100.4 $109.3 $149.5 18.3 17.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 19 $73.0 $60.0 $70.2 $86.0 7 $6.4 -- $5.7 -- 4 -- -- 19 $75.4 $60.0 $71.9 $86.0 14.0 12.0
Bachelors 68 $89.2 $75.5 $88.3 $102.5 31 $16.5 $5.0 $15.0 $21.0 19 23.0% 20.0% 68 $96.8 $76.3 $90.5 $114.1 16.7 15.5
MA/MS 6 $94.5 -- $98.5 -- 3 -- -- -- -- 1 -- -- 6 $101.9 -- $98.5 -- 17.3 20.0
MBA 9 $92.4 -- $92.0 -- 4 -- -- -- -- 3 -- -- 9 $98.2 -- $100.0 -- 18.7 13.0
JD 2 -- -- -- -- 2 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 50 $81.7 $60.0 $78.5 $100.0 20 $12.0 $3.0 $9.7 $20.0 7 29.0% 15.0% 50 $86.5 $62.0 $80.3 $101.0 14.9 14.3
1 or Fewer 17 $83.2 $77.0 $84.0 $96.0 8 $9.7 -- $8.1 -- 4 -- -- 17 $87.8 $77.0 $84.0 $104.0 13.9 13.0
From 1 to 3 14 $85.5 $72.0 $80.0 $100.2 5 $30.1 -- $11.0 -- 3 -- -- 14 $96.2 $72.2 $82.5 $104.0 15.4 14.5
From 3 to 5 8 $108.8 -- $106.0 -- 6 $22.4 -- $16.0 -- 6 32.0% 23.0% 8 $125.6 -- $116.8 -- 22.9 24.0
More than 5 14 $96.6 $86.0 $91.0 $110.0 7 $12.4 -- $10.0 -- 4 -- -- 14 $102.8 $86.0 $97.7 $116.5 19.4 20.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 29 US Data


2013 Risk Management Compensation Survey

Claims Manager
Mitigates an organizations exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs a program to
Cash Compensation
ensure (All dollar
the proper and efficient amounts
handling are gathering
of claims, displayeddata
in USD $000s)
on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Is also responsible for post loss reduction techniques such as
salvage, subrogation and rehabilitation.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Business/Info
0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Computer Software/Services 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Construction/Engineering/Architectural 6 $89.2 -- $88.0 -- 5 $8.7 -- $6.0 -- 2 -- -- 6 $96.5 -- $95.5 -- 17.7 15.0
Education 5 $76.2 -- $71.0 -- 0 -- -- -- -- 2 -- -- 5 $76.2 -- $71.0 -- 24.2 24.0
Energy 5 $101.6 -- $102.0 -- 4 -- -- -- -- 3 -- -- 5 $131.5 -- $122.0 -- 19.4 20.0
Entertainment & Media 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Finance/Banking 6 $83.8 -- $81.5 -- 5 $10.2 -- $6.3 -- 0 -- -- 6 $92.3 -- $90.5 -- 12.3 11.5
Government 8 $72.0 -- $70.3 -- 2 -- -- -- -- 1 -- -- 8 $72.3 -- $70.3 -- 15.8 10.5
Healthcare 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Hospitality 9 $77.6 -- $65.0 -- 5 $14.3 -- $4.0 -- 4 -- -- 9 $85.5 -- $65.0 -- 12.2 8.0
Insurance 3 -- -- -- -- 2 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Mfg - Durable (includes Aerospace,
4 -- -- -- -- 3 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
3 -- -- -- -- 2 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Products)
Mining/Milling/Smelting 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Not-for-Profit 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Real Estate 4 -- -- -- -- 1 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 13 $84.7 $76.6 $80.0 $99.0 5 $12.9 -- $11.0 -- 3 -- -- 13 $89.6 $76.6 $91.0 $104.0 12.3 13.0
Service 6 $91.9 -- $93.0 -- 2 -- -- -- -- 3 -- -- 6 $94.9 -- $93.0 -- 18.3 18.0
Telecommunications 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Transportation 11 $90.5 $71.0 $79.0 $100.0 5 $17.3 -- $8.1 -- 2 -- -- 11 $98.4 $72.2 $79.0 $102.0 19.1 20.0
Utilities 6 $89.7 -- $89.8 -- 4 -- -- -- -- 2 -- -- 6 $101.6 -- $98.3 -- 18.8 21.0
Wholesale Distribution 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Other 9 $83.8 -- $86.0 -- 2 -- -- -- -- 2 -- -- 9 $85.5 -- $86.0 -- 21.2 20.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 10 $97.5 $78.0 $95.0 $108.8 2 -- -- -- -- 1 -- -- 10 $101.0 $78.0 $95.0 $115.1 19.9 20.0
Mid Atlantic Region 21 $91.2 $74.0 $90.0 $103.0 10 $12.7 $5.0 $13.5 $18.0 4 -- -- 21 $97.3 $74.0 $100.0 $121.0 18.8 18.0
South East Region 15 $82.8 $65.0 $84.0 $92.0 6 $22.9 -- $17.5 -- 5 16.0% 15.0% 15 $91.9 $65.0 $86.0 $107.0 15.4 13.0
Mississippi Valley Region 21 $79.6 $64.5 $80.0 $89.6 8 $8.9 -- $7.3 -- 9 15.0% 12.0% 21 $82.9 $65.0 $84.0 $91.0 16.0 14.5
Mountain Region 27 $85.0 $72.0 $80.0 $100.0 14 $19.9 $3.0 $9.1 $17.0 8 15.0% 10.0% 27 $95.3 $72.2 $85.0 $102.0 16.1 15.0
Western Region 18 $91.0 $61.0 $91.3 $106.0 11 $14.6 $3.0 $10.0 $25.0 2 -- -- 18 $99.9 $63.0 $92.2 $126.0 14.4 12.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 30 US Data


2013 Risk Management Compensation Survey

Claims Manager
Mitigates an organizations exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs a program to
Cash Compensation
ensure (All dollar
the proper and efficient amounts
handling are gathering
of claims, displayeddata
in USD $000s)
on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Is also responsible for post loss reduction techniques such as
salvage, subrogation and rehabilitation.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
CA 7 $111.6 -- $106.0 -- 6 $17.5 -- $22.0 -- 1 -- -- 7 $126.6 -- $126.0 -- 16.6 20.0
FL 5 $71.5 -- $65.0 -- 1 -- -- -- -- 1 -- -- 5 $72.7 -- $65.0 -- 14.0 10.0
GA 5 $103.0 -- $92.0 -- 3 -- -- -- -- 2 -- -- 5 $122.3 -- $107.0 -- 21.8 24.0
IL 5 $92.7 -- $90.0 -- 2 -- -- -- -- 2 -- -- 5 $97.3 -- $90.0 -- 17.6 14.5
PA 7 $86.7 -- $84.0 -- 3 -- -- -- -- 1 -- -- 7 $94.4 -- $84.0 -- 18.2 18.0
TX 16 $92.0 $75.5 $93.5 $101.1 9 $26.8 -- $10.0 -- 5 17.0% 10.0% 16 $107.0 $78.0 $94.0 $122.3 17.8 20.0
VA 5 $81.3 -- $86.5 -- 3 -- -- -- -- 1 -- -- 5 $88.5 -- $86.5 -- 18.0 20.0

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Atlanta, GA 5 $103.0 -- $92.0 -- 3 -- -- -- -- 2 -- -- 5 $122.3 -- $107.0 -- 21.8 24.0
Chicago-Gary-Kenosha, IL-IN-WI 6 $95.4 -- $99.1 -- 3 -- -- -- -- 3 -- -- 6 $100.9 -- $99.1 -- 20.7 18.8
Dallas-Fort Worth, TX 6 $93.3 -- $86.0 -- 3 -- -- -- -- 1 -- -- 6 $104.1 -- $86.0 -- 15.5 16.5
Houston-Galveston-Brazoria, TX 5 $89.9 -- $95.0 -- 4 -- -- -- -- 2 -- -- 5 $115.6 -- $100.0 -- 21.4 22.0
Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-
4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
MD
Washington-Baltimore, DC-MD-VA-WV 5 $110.9 -- $110.0 -- 3 -- -- -- -- 1 -- -- 5 $115.9 -- $125.0 -- 22.8 26.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 31 US Data


2013 Risk Management Compensation Survey

Claims Manager
Mitigates an organizations exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs a program to
ensure the properCharacteristics
Respondent and efficient handling of claims, gathering data on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Is also responsible for post loss reduction techniques such as
salvage, subrogation and rehabilitation.
Gender Long-Term Incentive Eligible
Male 43.8% Yes 25.9%
Female 52.7% No 74.1%
Did Not Indicate 3.6% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 17.0% Incentive Stock Options (ISOs) 31.0%
Bachelors 60.7% Non-Qualified Stock Options (NQSOs) 17.2%
MA/MS 5.4% Restricted Stock 44.8%
MBA 8.0% Stock Appreciation Rights (SARs) 0.0%
JD 1.8% Performance Shares 0.0%
MD 0.0% Performance Units 3.4%
Ph.D 0.0% Long-Term Cash 13.8%
Other 7.1% None of the Above Received 6.9%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 76.8% Yes 55.4%
Division 8.0% No 44.6%
Subsidiary 2.7%
Single Location 7.1%
Other 5.4%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 32 US Data


2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager


Formulates, develops, and coordinates safety and loss control functions of the organization. Designs and directs a program to reduce accidents, occupational illnesses, and exposure to long-term health hazards through safety-training of
supervisors and managers, planned inspections, skill training, first-aid care, emergency preparedness, proper job instruction, new employee indoctrination, physical protection, planned job observation, rules and practices, job
analysis/procedures, disposal procedures, and protective equipment. Maintains compliance with governmental regulatory agencies. Responsible for identifying causes of past accidents for taking corrective measures.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 33 $91.6 $72.5 $94.0 $104.0 17 $17.3 $9.6 $13.0 $30.0 12 20.0% 20.0% 33 $100.5 $72.5 $96.8 $119.5 14.9 12.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 12 $89.1 $72.5 $92.0 $106.5 7 $14.7 -- $12.0 -- 6 18.0% 20.0% 12 $97.7 $74.5 $93.0 $117.3 14.1 13.0
Private 14 $95.5 $84.0 $97.6 $104.0 10 $19.1 $2.5 $15.5 $36.5 6 23.0% 23.0% 14 $109.1 $93.0 $104.0 $140.0 16.5 15.5
Government 6 $93.7 -- $88.0 -- 0 -- -- -- -- 0 -- -- 6 $93.7 -- $88.0 -- 13.2 10.5
Not-for-Profit 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Other 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$100 - $250 Million 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
$250 - $500 Million 7 $95.0 -- $95.0 -- 6 $20.1 -- $25.0 -- 4 -- -- 7 $112.2 -- $115.0 -- 19.6 17.0
$500 Million - $1 Billion 5 $74.1 -- $72.5 -- 2 -- -- -- -- 0 -- -- 5 $78.7 -- $72.5 -- 13.0 12.0
$1 - $5 Billion 4 -- -- -- -- 3 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
$5 - $10 Billion 1 -- -- -- -- 0 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Greater than $10 Billion 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 3 -- -- -- -- 2 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Bachelors 18 $87.8 $72.5 $91.5 $100.0 11 $14.9 $4.0 $12.0 $20.0 7 19.0% 20.0% 18 $96.9 $72.5 $98.4 $110.0 16.3 16.5
MA/MS 7 $108.4 -- $100.0 -- 1 -- -- -- -- 3 -- -- 7 $114.1 -- $114.0 -- 13.9 11.0
MBA 4 -- -- -- -- 2 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 15 $86.1 $64.0 $90.0 $106.0 6 $13.8 -- $11.5 -- 6 16.0% 20.0% 15 $91.6 $64.0 $93.0 $110.0 14.3 12.0
1 or Fewer 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
From 1 to 3 4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
From 3 to 5 4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
More than 5 6 $105.0 -- $100.6 -- 4 -- -- -- -- 4 -- -- 6 $122.0 -- $127.6 -- 13.3 13.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 33 US Data


2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager


Formulates, develops, and coordinates safety and loss control functions of the organization. Designs and directs a program to reduce accidents, occupational illnesses, and exposure to long-term health hazards through safety-training of
Cash Compensation
supervisors (Allplanned
and managers, dollar inspections,
amounts are skilldisplayed in USDcare,
training, first-aid $000s)
emergency preparedness, proper job instruction, new employee indoctrination, physical protection, planned job observation, rules and practices, job
analysis/procedures, disposal procedures, and protective equipment. Maintains compliance with governmental regulatory agencies. Responsible for identifying causes of past accidents for taking corrective measures.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Business/Info
0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Computer Software/Services 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Construction/Engineering/Architectural 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Education 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Energy 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Entertainment & Media 2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Finance/Banking 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Government 5 $93.2 -- $80.0 -- 0 -- -- -- -- 0 -- -- 5 $93.2 -- $80.0 -- 14.4 11.0
Healthcare 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Hospitality 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Insurance 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Mfg - Durable (includes Aerospace,
2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
6 $109.7 -- $102.6 -- 2 -- -- -- -- 3 -- -- 6 $116.5 -- $110.0 -- 16.8 16.0
Products)
Mining/Milling/Smelting 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Not-for-Profit 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Real Estate 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 4 -- -- -- -- 3 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
Service 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Telecommunications 2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Transportation 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Utilities 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Wholesale Distribution 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Other 4 -- -- -- -- 2 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 4 -- -- -- -- 4 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
Mid Atlantic Region 4 -- -- -- -- 2 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
South East Region 8 $76.1 -- $68.0 -- 4 -- -- -- -- 4 -- -- 8 $78.9 -- $68.0 -- 12.8 10.5
Mississippi Valley Region 3 -- -- -- -- 1 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Mountain Region 7 $82.4 -- $82.0 -- 4 -- -- -- -- 3 -- -- 7 $97.2 -- $92.0 -- 13.1 12.0
Western Region 7 $103.1 -- $110.0 -- 2 -- -- -- -- 0 -- -- 7 $109.1 -- $110.0 -- 13.1 12.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 34 US Data


2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager


Formulates, develops, and coordinates safety and loss control functions of the organization. Designs and directs a program to reduce accidents, occupational illnesses, and exposure to long-term health hazards through safety-training of
Cash Compensation
supervisors (Allplanned
and managers, dollar inspections,
amounts are skilldisplayed in USDcare,
training, first-aid $000s)
emergency preparedness, proper job instruction, new employee indoctrination, physical protection, planned job observation, rules and practices, job
analysis/procedures, disposal procedures, and protective equipment. Maintains compliance with governmental regulatory agencies. Responsible for identifying causes of past accidents for taking corrective measures.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
FL 5 $74.0 -- $64.0 -- 3 -- -- -- -- 2 -- -- 5 $76.5 -- $64.0 -- 14.0 10.0

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 35 US Data


2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager


Formulates, develops, and coordinates safety and loss control functions of the organization. Designs and directs a program to reduce accidents, occupational illnesses, and exposure to long-term health hazards through safety-training of
supervisors
Respondent and managers, planned inspections, skill training, first-aid care, emergency preparedness, proper job instruction, new employee indoctrination, physical protection, planned job observation, rules and practices, job
Characteristics
analysis/procedures, disposal procedures, and protective equipment. Maintains compliance with governmental regulatory agencies. Responsible for identifying causes of past accidents for taking corrective measures.
Gender Long-Term Incentive Eligible
Male 78.8% Yes 30.3%
Female 21.2% No 69.7%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 9.1% Incentive Stock Options (ISOs) 20.0%
Bachelors 54.5% Non-Qualified Stock Options (NQSOs) 20.0%
MA/MS 21.2% Restricted Stock 50.0%
MBA 12.1% Stock Appreciation Rights (SARs) 0.0%
JD 0.0% Performance Shares 10.0%
MD 0.0% Performance Units 0.0%
Ph.D 0.0% Long-Term Cash 10.0%
Other 3.0% None of the Above Received 20.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 57.6% Yes 54.5%
Division 24.2% No 45.5%
Subsidiary 6.1%
Single Location 6.1%
Other 6.1%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 36 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Supports the risk manager regarding all aspects of the enterprise-wide risk management program. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring formats on risk
management issues and developing methodologies for the assessment of risks throughout the organization.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 79 $76.5 $63.0 $72.5 $87.0 38 $7.7 $2.0 $4.0 $8.0 30 9.0% 10.0% 79 $80.2 $64.2 $77.5 $91.0 9.4 6.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 27 $75.4 $64.0 $75.0 $85.0 13 $9.8 $2.0 $3.4 $7.6 12 10.0% 10.0% 27 $80.1 $64.2 $78.8 $92.0 6.4 4.0
Private 25 $80.8 $65.0 $79.0 $90.0 16 $8.8 $4.0 $7.3 $11.0 16 9.0% 10.0% 25 $86.4 $66.5 $83.4 $94.6 8.6 6.0
Government 13 $73.8 $68.0 $70.0 $78.0 2 -- -- -- -- 0 -- -- 13 $74.1 $68.0 $70.0 $78.0 17.2 18.0
Not-for-Profit 10 $75.8 $62.0 $75.0 $88.0 5 $3.2 -- $2.5 -- 2 -- -- 10 $77.4 $65.0 $75.2 $90.5 9.3 8.0
Other 4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 5 $66.9 -- $52.0 -- 3 -- -- -- -- 3 -- -- 5 $69.5 -- $52.0 -- 7.9 3.5
$100 - $250 Million 7 $77.3 -- $79.7 -- 2 -- -- -- -- 1 -- -- 7 $78.9 -- $79.7 -- 15.6 14.0
$250 - $500 Million 5 $76.1 -- $72.0 -- 3 -- -- -- -- 1 -- -- 5 $78.9 -- $72.0 -- 5.8 6.0
$500 Million - $1 Billion 9 $72.3 -- $72.0 -- 7 $4.1 -- $2.5 -- 6 8.0% 9.0% 9 $75.5 -- $72.6 -- 6.3 5.0
$1 - $5 Billion 23 $84.5 $63.0 $79.0 $92.0 11 $6.8 $2.3 $3.5 $8.6 9 8.0% 9.0% 23 $87.8 $63.5 $81.0 $94.6 7.7 5.0
$5 - $10 Billion 10 $72.8 $52.0 $74.0 $90.0 5 $9.2 -- $7.6 -- 4 -- -- 10 $77.4 $52.0 $74.0 $97.6 8.2 5.5
Greater than $10 Billion 6 $78.2 -- $77.2 -- 2 -- -- -- -- 4 -- -- 6 $81.5 -- $83.5 -- 12.2 10.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 8 $69.8 -- $68.8 -- 2 -- -- -- -- 0 -- -- 8 $71.5 -- $71.1 -- 12.5 14.0
Bachelors 41 $72.6 $60.0 $70.0 $88.0 22 $8.1 $2.0 $3.5 $8.0 18 10.0% 10.0% 41 $77.0 $60.9 $72.0 $90.4 9.5 8.0
MA/MS 4 -- -- -- -- 3 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
MBA 18 $80.5 $72.0 $80.0 $88.0 10 $5.4 $1.6 $3.8 $8.6 8 9.0% 10.0% 18 $83.5 $72.0 $80.5 $92.0 6.0 5.0
JD 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Ph.D 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 59 $72.0 $58.0 $71.0 $83.0 26 $7.4 $2.0 $3.5 $8.0 20 8.0% 9.0% 59 $75.3 $60.0 $72.0 $88.0 8.6 6.0
1 or Fewer 9 $96.4 -- $90.0 -- 7 $9.5 -- $5.0 -- 5 13.0% 10.0% 9 $103.8 -- $90.0 -- 10.7 8.0
From 1 to 3 10 $86.2 $72.0 $80.2 $88.0 4 -- -- -- -- 4 -- -- 10 $88.4 $72.0 $84.2 $94.6 12.3 8.0
From 3 to 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
More than 5 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 37 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Supports the risk manager regarding all aspects of the enterprise-wide risk management program. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring formats on risk
Cash Compensation
management issues and (All dollar amounts
developing are displayed
methodologies in USD of
for the assessment $000s)
risks throughout the organization.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Business/Info
0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 5 $102.8 -- $79.0 -- 5 $10.4 -- $4.4 -- 2 -- -- 5 $113.2 -- $83.4 -- 10.3 6.0
Computer Software/Services 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Construction/Engineering/Architectural 3 -- -- -- -- 3 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Education 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Energy 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Entertainment & Media 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Finance/Banking 6 $82.2 -- $83.3 -- 3 -- -- -- -- 2 -- -- 6 $84.7 -- $84.0 -- 9.8 9.0
Government 7 $69.8 -- $70.0 -- 0 -- -- -- -- 0 -- -- 7 $69.8 -- $70.0 -- 18.6 19.0
Healthcare 3 -- -- -- -- 1 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Hospitality 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Insurance 9 $77.1 -- $78.8 -- 5 $4.7 -- $3.0 -- 6 9.0% 10.0% 9 $79.7 -- $78.8 -- 7.0 5.0
Mfg - Durable (includes Aerospace,
4 -- -- -- -- 1 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
3 -- -- -- -- 3 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Products)
Mining/Milling/Smelting 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Not-for-Profit 3 -- -- -- -- 1 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Real Estate 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 7 $68.2 -- $66.5 -- 4 -- -- -- -- 6 9.0% 8.0% 7 $71.4 -- $77.0 -- 6.7 4.0
Service 3 -- -- -- -- 1 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Telecommunications 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Transportation 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Utilities 10 $84.1 $60.0 $77.0 $103.0 4 -- -- -- -- 2 -- -- 10 $85.9 $63.0 $81.1 $103.0 8.0 5.5
Wholesale Distribution 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Other 3 -- -- -- -- 3 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 5 $71.8 -- $70.0 -- 1 -- -- -- -- 0 -- -- 5 $72.2 -- $72.0 -- 4.2 3.0
Mid Atlantic Region 13 $76.1 $62.5 $79.0 $90.0 8 $6.2 -- $4.0 -- 5 11.0% 8.0% 13 $79.9 $63.5 $83.4 $93.3 8.8 8.0
South East Region 12 $62.7 $50.8 $65.0 $71.5 6 $15.5 -- $5.5 -- 5 8.0% 10.0% 12 $70.4 $50.8 $66.5 $80.3 9.3 6.0
Mississippi Valley Region 16 $75.4 $66.5 $75.0 $85.0 8 $5.7 -- $5.0 -- 8 10.0% 10.0% 16 $78.3 $70.0 $75.2 $88.7 7.8 6.0
Mountain Region 16 $82.1 $63.5 $75.8 $88.0 8 $9.7 -- $8.2 -- 7 8.0% 10.0% 16 $86.9 $64.8 $78.4 $94.3 10.8 11.5
Western Region 17 $83.8 $70.0 $79.7 $90.0 7 $3.4 -- $2.5 -- 5 9.0% 10.0% 17 $85.2 $70.0 $79.7 $91.0 11.8 10.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 38 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Supports the risk manager regarding all aspects of the enterprise-wide risk management program. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring formats on risk
Cash Compensation
management issues and (All dollar amounts
developing are displayed
methodologies in USD of
for the assessment $000s)
risks throughout the organization.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
CA 6 $74.7 -- $77.4 -- 3 -- -- -- -- 4 -- -- 6 $76.2 -- $78.6 -- 9.5 5.0
CO 5 $70.4 -- $64.0 -- 2 -- -- -- -- 1 -- -- 5 $71.9 -- $70.4 -- 11.1 10.0
OR 7 $86.0 -- $72.5 -- 3 -- -- -- -- 1 -- -- 7 $87.0 -- $74.1 -- 12.6 12.0
PA 7 $72.0 -- $75.0 -- 5 $3.5 -- $3.5 -- 3 -- -- 7 $74.5 -- $81.0 -- 7.1 6.0
TX 9 $94.0 -- $85.0 -- 6 $11.7 -- $10.5 -- 6 8.0% 10.0% 9 $101.8 -- $85.0 -- 10.3 13.0

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Denver-Boulder-Greeley, CO 5 $70.4 -- $64.0 -- 2 -- -- -- -- 1 -- -- 5 $71.9 -- $70.4 -- 11.1 10.0
Houston-Galveston-Brazoria, TX 5 $111.2 -- $91.0 -- 4 -- -- -- -- 4 -- -- 5 $121.7 -- $102.0 -- 11.3 13.0
Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-
5 $72.3 -- $75.0 -- 3 -- -- -- -- 3 -- -- 5 $75.0 -- $81.0 -- 9.0 8.0
MD
Portland-Salem, OR-WA 6 $88.9 -- $81.3 -- 3 -- -- -- -- 1 -- -- 6 $90.1 -- $82.1 -- 13.0 13.0

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 39 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Supports the risk manager regarding all aspects of the enterprise-wide risk management program. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring formats on risk
management
Respondent issues and developing methodologies for the assessment of risks throughout the organization.
Characteristics

Gender Long-Term Incentive Eligible


Male 40.5% Yes 6.3%
Female 57.0% No 93.7%
Did Not Indicate 2.5% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 10.1% Incentive Stock Options (ISOs) 40.0%
Bachelors 51.9% Non-Qualified Stock Options (NQSOs) 0.0%
MA/MS 5.1% Restricted Stock 40.0%
MBA 22.8% Stock Appreciation Rights (SARs) 0.0%
JD 2.5% Performance Shares 0.0%
MD 0.0% Performance Units 0.0%
Ph.D 1.3% Long-Term Cash 0.0%
Other 6.3% None of the Above Received 20.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 69.6% Yes 25.3%
Division 12.7% No 74.7%
Subsidiary 1.3%
Single Location 7.6%
Other 8.9%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 40 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst


Supports the risk manager regarding all aspects of a financial risk management and/or corporate insurance program. Responsibilities include the development, implementation and application of risk metrics and methodologies and the
monitoring, analysis and reporting of financial risk exposures. Responsibilities may also include compilation of underwriting information and coverage placement, claims administration, loss forecasting, and analysis to assist in loss reduction.

Supports organizational compliance with risk policies through regular risk exposure monitoring and reporting. Responsible for documenting and reporting risk policy exceptions to risk committee.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 202 $69.6 $57.0 $67.9 $80.0 103 $6.0 $2.2 $4.0 $7.4 46 12.0% 10.0% 202 $72.7 $58.0 $71.0 $82.0 9.8 8.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 104 $70.3 $57.0 $68.0 $80.0 54 $7.2 $3.0 $4.8 $8.0 25 10.0% 10.0% 104 $74.0 $59.0 $71.8 $83.7 9.3 7.0
Private 58 $66.5 $55.0 $64.8 $73.0 38 $5.1 $1.8 $3.7 $6.0 20 13.0% 10.0% 58 $69.8 $57.5 $67.0 $78.9 8.8 8.0
Government 22 $68.6 $62.4 $70.8 $78.0 0 -- -- -- -- 0 -- -- 22 $68.6 $62.4 $70.8 $78.0 11.8 10.0
Not-for-Profit 15 $74.8 $55.0 $82.0 $91.1 9 $2.1 -- $1.8 -- 1 -- -- 15 $76.1 $56.4 $82.0 $91.1 13.3 12.0
Other 3 -- -- -- -- 2 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 8 $71.2 -- $67.3 -- 6 $5.0 -- $3.3 -- 4 -- -- 8 $74.9 -- $70.6 -- 10.1 8.0
$100 - $250 Million 8 $74.2 -- $71.9 -- 4 -- -- -- -- 2 -- -- 8 $78.8 -- $78.0 -- 11.7 11.5
$250 - $500 Million 14 $63.8 $52.0 $59.0 $70.0 7 $5.2 -- $5.8 -- 4 -- -- 14 $66.4 $52.0 $61.2 $77.5 11.4 8.0
$500 Million - $1 Billion 24 $65.6 $52.7 $64.0 $70.8 10 $4.0 $1.7 $3.3 $5.0 4 -- -- 24 $67.2 $54.9 $64.0 $73.5 9.0 8.0
$1 - $5 Billion 50 $73.7 $64.0 $74.2 $84.0 26 $4.3 $2.4 $4.3 $5.0 15 10.0% 10.0% 50 $75.9 $65.0 $75.5 $85.0 10.5 8.8
$5 - $10 Billion 25 $64.5 $54.0 $62.0 $72.0 13 $6.3 $1.0 $2.4 $3.5 5 11.0% 10.0% 25 $67.8 $56.0 $64.5 $72.5 9.1 8.0
Greater than $10 Billion 36 $77.9 $66.4 $74.0 $89.3 21 $8.4 $3.5 $6.0 $13.5 9 14.0% 15.0% 36 $82.8 $68.6 $78.7 $95.2 8.9 7.5

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 34 $67.5 $55.0 $65.8 $76.0 14 $5.7 $2.0 $5.7 $8.0 2 -- -- 34 $69.8 $56.0 $69.0 $81.0 13.0 11.0
Bachelors 118 $69.1 $56.0 $67.1 $78.0 62 $5.9 $1.9 $3.5 $7.0 28 11.0% 10.0% 118 $72.2 $57.2 $69.0 $81.4 9.4 8.5
MA/MS 15 $70.8 $67.0 $72.0 $78.0 9 $6.2 -- $4.5 -- 4 -- -- 15 $74.5 $72.0 $76.5 $79.0 9.6 7.0
MBA 21 $78.4 $65.0 $80.0 $90.0 13 $7.6 $5.0 $5.3 $9.5 10 15.0% 13.0% 21 $83.2 $70.0 $80.0 $97.0 8.5 6.0
JD 6 $73.7 -- $74.5 -- 2 -- -- -- -- 1 -- -- 6 $74.6 -- $74.5 -- 6.2 5.0
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 186 $69.1 $56.0 $67.5 $79.2 94 $5.8 $2.0 $4.0 $7.0 41 11.0% 10.0% 186 $72.0 $57.5 $70.0 $81.4 9.7 8.0
1 or Fewer 11 $74.9 $63.0 $69.0 $82.0 7 $8.0 -- $2.5 -- 4 -- -- 11 $80.0 $63.0 $78.0 $87.0 11.2 10.0
From 1 to 3 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
From 3 to 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
More than 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 41 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst


Supports the risk manager regarding all aspects of a financial risk management and/or corporate insurance program. Responsibilities include the development, implementation and application of risk metrics and methodologies and the
Cash Compensation
monitoring, analysis and(All dollarofamounts
reporting areexposures.
financial risk displayedResponsibilities
in USD $000s)may also include compilation of underwriting information and coverage placement, claims administration, loss forecasting, and analysis to assist in loss reduction.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
Supports organizational compliance with risk policies through regular risk exposure monitoring and reporting. Responsible for documenting and reporting risk policy exceptions to risk committee.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Business/Info
1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 12 $82.4 $67.5 $76.8 $95.8 11 $4.4 $0.9 $3.0 $5.0 6 7.0% 7.0% 12 $86.5 $70.8 $79.7 $98.3 8.6 8.3
Computer Software/Services 5 $78.3 -- $76.5 -- 2 -- -- -- -- 0 -- -- 5 $79.9 -- $78.9 -- 14.2 13.0
Construction/Engineering/Architectural 7 $68.7 -- $70.0 -- 4 -- -- -- -- 2 -- -- 7 $71.4 -- $72.0 -- 5.6 5.0
Education 6 $69.5 -- $63.9 -- 1 -- -- -- -- 1 -- -- 6 $72.0 -- $63.9 -- 8.8 7.5
Energy 17 $73.2 $64.0 $71.5 $82.0 12 $7.9 $2.0 $6.5 $12.5 7 13.0% 10.0% 17 $78.8 $68.0 $72.0 $88.1 9.1 6.5
Entertainment & Media 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Finance/Banking 9 $71.3 -- $68.0 -- 6 $3.4 -- $3.0 -- 0 -- -- 9 $73.5 -- $76.0 -- 11.8 10.0
Government 11 $67.0 $62.0 $69.0 $76.0 0 -- -- -- -- 0 -- -- 11 $67.0 $62.0 $69.0 $76.0 12.5 13.0
Healthcare 9 $71.0 -- $73.0 -- 6 $4.1 -- $3.7 -- 1 -- -- 9 $73.8 -- $78.9 -- 10.8 12.0
Hospitality 4 -- -- -- -- 3 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --
Insurance 8 $73.3 -- $70.0 -- 3 -- -- -- -- 1 -- -- 8 $75.1 -- $73.8 -- 10.9 6.5
Mfg - Durable (includes Aerospace,
23 $66.6 $54.6 $62.0 $77.0 10 $7.2 $2.4 $3.9 $8.8 4 -- -- 23 $69.7 $57.0 $70.9 $78.0 9.7 6.5
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
7 $58.6 -- $54.0 -- 2 -- -- -- -- 1 -- -- 7 $59.8 -- $56.0 -- 6.0 4.0
Products)
Mining/Milling/Smelting 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Not-for-Profit 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Real Estate 10 $53.6 $48.0 $54.5 $57.2 4 -- -- -- -- 2 -- -- 10 $56.9 $48.0 $56.6 $61.0 7.2 6.0
Research & Development 2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Retail 7 $62.0 -- $62.9 -- 4 -- -- -- -- 1 -- -- 7 $63.8 -- $62.9 -- 9.7 10.0
Service 4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
Telecommunications 7 $60.3 -- $61.4 -- 2 -- -- -- -- 2 -- -- 7 $61.4 -- $63.9 -- 6.6 8.0
Transportation 15 $69.5 $52.0 $66.0 $80.0 7 $13.4 -- $7.0 -- 3 -- -- 15 $75.8 $62.0 $78.0 $97.0 11.3 10.0
Utilities 15 $75.6 $58.0 $70.0 $92.8 9 $5.4 -- $4.8 -- 4 -- -- 15 $78.9 $58.0 $77.8 $99.0 8.5 8.0
Wholesale Distribution 3 -- -- -- -- 1 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Other 12 $73.2 $66.5 $74.5 $81.0 9 $5.6 -- $5.0 -- 6 9.0% 10.0% 12 $77.4 $69.0 $76.3 $90.5 11.1 11.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 18 $82.5 $70.0 $81.5 $87.0 13 $4.4 $1.8 $3.0 $7.5 5 13.0% 10.0% 18 $85.7 $77.0 $83.0 $95.3 11.8 8.3
Mid Atlantic Region 31 $69.8 $57.7 $69.0 $76.0 17 $7.8 $3.5 $5.0 $7.4 5 12.0% 10.0% 31 $74.1 $61.0 $72.0 $81.4 9.0 7.0
South East Region 30 $64.4 $54.0 $62.1 $71.5 18 $4.6 $2.0 $3.4 $6.4 4 -- -- 30 $67.2 $56.0 $65.5 $73.4 8.1 9.0
Mississippi Valley Region 43 $64.6 $52.0 $64.5 $72.5 19 $5.7 $1.9 $3.5 $8.0 9 11.0% 10.0% 43 $67.1 $52.0 $64.5 $76.0 11.4 9.0
Mountain Region 41 $70.7 $57.0 $69.0 $80.0 19 $6.0 $2.5 $4.7 $8.0 13 12.0% 10.0% 41 $73.5 $61.0 $70.0 $80.0 8.8 7.0
Western Region 39 $72.0 $61.0 $69.0 $82.0 17 $7.1 $2.5 $4.0 $6.0 10 12.0% 10.0% 39 $75.1 $62.3 $72.0 $88.1 9.9 8.5

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 42 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst


Supports the risk manager regarding all aspects of a financial risk management and/or corporate insurance program. Responsibilities include the development, implementation and application of risk metrics and methodologies and the
Cash Compensation
monitoring, analysis and(All dollarofamounts
reporting areexposures.
financial risk displayedResponsibilities
in USD $000s)may also include compilation of underwriting information and coverage placement, claims administration, loss forecasting, and analysis to assist in loss reduction.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
Supports organizational compliance with risk policies through regular risk exposure monitoring and reporting. Responsible for documenting and reporting risk policy exceptions to risk committee.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
CA 20 $78.7 $67.1 $76.5 $86.8 9 $5.5 -- $4.3 -- 5 10.0% 10.0% 20 $81.2 $67.3 $78.5 $90.2 12.1 11.0
CO 8 $63.5 -- $63.2 -- 4 -- -- -- -- 4 -- -- 8 $65.2 -- $66.2 -- 9.6 7.3
FL 11 $68.6 $55.0 $71.5 $80.0 5 $3.2 -- $2.0 -- 0 -- -- 11 $70.1 $56.0 $71.5 $80.0 8.4 8.0
GA 9 $62.8 -- $62.1 -- 7 $4.9 -- $3.8 -- 3 -- -- 9 $66.6 -- $68.0 -- 8.4 9.0
IL 9 $63.2 -- $57.2 -- 3 -- -- -- -- 1 -- -- 9 $64.2 -- $57.2 -- 11.1 13.0
MI 6 $64.2 -- $67.9 -- 3 -- -- -- -- 1 -- -- 6 $66.8 -- $68.8 -- 5.7 5.3
MN 6 $75.5 -- $73.7 -- 4 -- -- -- -- 2 -- -- 6 $83.6 -- $80.5 -- 11.7 9.5
NC 8 $61.9 -- $62.2 -- 4 -- -- -- -- 1 -- -- 8 $64.5 -- $62.2 -- 10.0 11.0
NY 7 $86.4 -- $86.0 -- 6 $5.1 -- $4.3 -- 2 -- -- 7 $90.8 -- $89.5 -- 10.1 8.0
OH 8 $62.4 -- $62.5 -- 3 -- -- -- -- 2 -- -- 8 $63.4 -- $62.9 -- 15.3 14.5
PA 12 $68.9 $59.4 $70.0 $73.5 7 $9.1 -- $5.3 -- 1 -- -- 12 $74.2 $64.6 $72.6 $80.0 7.3 7.0
TN 6 $58.8 -- $54.3 -- 4 -- -- -- -- 1 -- -- 6 $61.7 -- $56.3 -- 4.3 4.5
TX 27 $73.3 $60.0 $71.5 $83.0 12 $7.3 $3.3 $5.0 $9.0 7 13.0% 10.0% 27 $76.6 $62.0 $72.0 $93.0 8.6 7.0
VA 5 $77.2 -- $72.0 -- 3 -- -- -- -- 2 -- -- 5 $82.9 -- $87.0 -- 12.9 10.0
WA 6 $68.7 -- $62.7 -- 2 -- -- -- -- 1 -- -- 6 $78.2 -- $74.0 -- 7.9 8.3
WI 8 $62.5 -- $58.3 -- 3 -- -- -- -- 3 -- -- 8 $63.9 -- $60.8 -- 8.9 3.5

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Atlanta, GA 9 $62.8 -- $62.1 -- 7 $4.9 -- $3.8 -- 3 -- -- 9 $66.6 -- $68.0 -- 8.4 9.0
Chicago-Gary-Kenosha, IL-IN-WI 9 $63.8 -- $57.2 -- 2 -- -- -- -- 1 -- -- 9 $64.7 -- $57.2 -- 11.7 13.0
Cleveland-Akron, OH 5 $62.2 -- $60.0 -- 2 -- -- -- -- 1 -- -- 5 $63.6 -- $60.5 -- 14.9 14.0
Dallas-Fort Worth, TX 8 $68.8 -- $69.0 -- 2 -- -- -- -- 0 -- -- 8 $69.8 -- $71.0 -- 9.3 8.5
Denver-Boulder-Greeley, CO 7 $65.1 -- $65.0 -- 4 -- -- -- -- 4 -- -- 7 $67.0 -- $68.5 -- 10.1 8.5
Houston-Galveston-Brazoria, TX 16 $72.2 $56.5 $68.9 $81.0 9 $7.7 -- $5.0 -- 7 13.0% 10.0% 16 $76.5 $59.0 $69.8 $89.0 8.7 6.5

Los Angeles-Riverside-Orange County, CA 8 $69.6 -- $70.5 -- 4 -- -- -- -- 2 -- -- 8 $72.7 -- $73.6 -- 13.6 11.0

Minneapolis-St. Paul, MN-WI 6 $75.5 -- $73.7 -- 4 -- -- -- -- 2 -- -- 6 $83.6 -- $80.5 -- 11.7 9.5


New York-Northern New Jersey-Long Island, NY-
13 $83.8 $77.0 $83.0 $87.0 10 $4.2 $1.8 $3.3 $7.5 4 -- -- 13 $87.0 $77.5 $83.0 $95.3 10.0 8.0
NJ-CT-PA
Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-
7 $67.4 -- $72.0 -- 3 -- -- -- -- 0 -- -- 7 $69.6 -- $72.0 -- 8.3 8.0
MD
Raleigh-Durham-Chapel Hill, NC 6 $64.5 -- $68.5 -- 4 -- -- -- -- 1 -- -- 6 $67.9 -- $70.9 -- 11.3 13.5
San Francisco-Oakland-San Jose, CA 9 $85.2 -- $85.0 -- 4 -- -- -- -- 3 -- -- 9 $87.7 -- $88.5 -- 12.3 12.0
Washington-Baltimore, DC-MD-VA-WV 9 $80.0 -- $80.0 -- 6 $8.1 -- $4.4 -- 3 -- -- 9 $85.3 -- $87.0 -- 8.5 6.5

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 43 US Data


2013 Risk Management Compensation Survey

Risk Management Analyst


Supports the risk manager regarding all aspects of a financial risk management and/or corporate insurance program. Responsibilities include the development, implementation and application of risk metrics and methodologies and the
monitoring,
Respondent analysis and reporting of financial risk exposures. Responsibilities may also include compilation of underwriting information and coverage placement, claims administration, loss forecasting, and analysis to assist in loss reduction.
Characteristics
Supports organizational compliance with risk policies through regular risk exposure monitoring and reporting. Responsible for documenting and reporting risk policy exceptions to risk committee.
Gender Long-Term Incentive Eligible
Male 26.2% Yes 11.4%
Female 71.3% No 88.6%
Did Not Indicate 2.5% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 16.8% Incentive Stock Options (ISOs) 26.1%
Bachelors 58.4% Non-Qualified Stock Options (NQSOs) 17.4%
MA/MS 7.4% Restricted Stock 43.5%
MBA 10.4% Stock Appreciation Rights (SARs) 8.7%
JD 3.0% Performance Shares 8.7%
MD 0.0% Performance Units 8.7%
Ph.D 0.0% Long-Term Cash 8.7%
Other 4.0% None of the Above Received 0.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 74.8% Yes 7.9%
Division 9.4% No 92.1%
Subsidiary 6.4%
Single Location 4.0%
Other 5.4%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 44 US Data


2013 Risk Management Compensation Survey

Claims Analyst
Reviews first and third party claims for irregularities, accuracy and completeness. Requests additional information, where necessary, for completion of claim processing. Reviews claims for eligibility. Maintains updated records and prepares
required reports. Assists in claims cost control. Performs the design, analysis and delivery of claim information. Contacts individuals about claims and coordinates the handling of benefits. This role focuses on operational effectiveness in
support of claims management strategies. Understands and performs domestic and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome
management; and the delivery of claim information. Handles mostly routine non-complex claims but, may handle litigated and moderately complex claims with limited settlement authority.

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 15 $64.2 $49.0 $63.0 $80.0 7 $4.5 -- $1.2 -- 5 24.0% 10.0% 15 $66.3 $49.0 $63.8 $80.0 9.3 5.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 9 $67.0 -- $72.5 -- 4 -- -- -- -- 4 -- -- 9 $70.2 -- $72.5 -- 9.6 5.0
Private 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Government 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Not-for-Profit 4 -- -- -- -- 2 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
Other 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 2 -- -- -- -- 0 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
$100 - $250 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$250 - $500 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$500 Million - $1 Billion 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$1 - $5 Billion 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
$5 - $10 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Greater than $10 Billion 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Bachelors 9 $59.9 -- $50.0 -- 4 -- -- -- -- 3 -- -- 9 $62.2 -- $50.0 -- 6.1 4.5
MA/MS 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
MBA 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
JD 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 15 $64.2 $49.0 $63.0 $80.0 7 $4.5 -- $1.2 -- 5 24.0% 10.0% 15 $66.3 $49.0 $63.8 $80.0 9.3 5.0
1 or Fewer 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
From 1 to 3 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
From 3 to 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
More than 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 45 US Data


2013 Risk Management Compensation Survey

Claims Analyst
Reviews first and third party claims for irregularities, accuracy and completeness. Requests additional information, where necessary, for completion of claim processing. Reviews claims for eligibility. Maintains updated records and prepares
Cash Compensation
required reports. Assists(All dollarcost
in claims amounts
control. are displayed
Performs in USD
the design, $000s)
analysis and delivery of claim information. Contacts individuals about claims and coordinates the handling of benefits. This role focuses on operational effectiveness in
support of claims management strategies. Understands and performs domestic and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
management; and the delivery of claim information. Handles mostly routine non-complex claims but, may handle litigated and moderately complex claims with limited settlement authority.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Agriculture 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Business/Info
1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Services/Consulting/Legal/Accounting
Chemical/Pharmaceutical/Biotechnology 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Computer Software/Services 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Construction/Engineering/Architectural 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Education 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Energy 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Entertainment & Media 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Finance/Banking 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Government 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Healthcare 3 -- -- -- -- 2 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Hospitality 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Insurance 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Mfg - Durable (includes Aerospace,
0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied
0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Products)
Mining/Milling/Smelting 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Not-for-Profit 1 -- -- -- -- 0 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Real Estate 1 -- -- -- -- 0 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Research & Development 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Retail 2 -- -- -- -- 2 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Service 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Telecommunications 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Transportation 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Utilities 3 -- -- -- -- 2 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
Wholesale Distribution 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Other 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Regions (defined in Section I - 15) Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
North East Region 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Mid Atlantic Region 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
South East Region 3 -- -- -- -- 2 -- -- -- -- 3 -- -- 3 -- -- -- -- -- --
Mississippi Valley Region 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Mountain Region 5 $61.5 -- $53.0 -- 1 -- -- -- -- 2 -- -- 5 $61.8 -- $54.5 -- 9.7 4.5
Western Region 4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 46 US Data


2013 Risk Management Compensation Survey

Claims Analyst
Reviews first and third party claims for irregularities, accuracy and completeness. Requests additional information, where necessary, for completion of claim processing. Reviews claims for eligibility. Maintains updated records and prepares
Cash Compensation
required reports. Assists(All dollarcost
in claims amounts
control. are displayed
Performs in USD
the design, $000s)
analysis and delivery of claim information. Contacts individuals about claims and coordinates the handling of benefits. This role focuses on operational effectiveness in
support of claims management strategies. Understands and performs domestic and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
management; and the delivery of claim information. Handles mostly routine non-complex claims but, may handle litigated and moderately complex claims with limited settlement authority.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
State Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Cash Compensation (All dollar amounts are displayed in USD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Metro Area Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 47 US Data


2013 Risk Management Compensation Survey

Claims Analyst
Reviews first and third party claims for irregularities, accuracy and completeness. Requests additional information, where necessary, for completion of claim processing. Reviews claims for eligibility. Maintains updated records and prepares
required reports.Characteristics
Respondent Assists in claims cost control. Performs the design, analysis and delivery of claim information. Contacts individuals about claims and coordinates the handling of benefits. This role focuses on operational effectiveness in
support of claims management strategies. Understands and performs domestic and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome
management; and the delivery of claim information. Handles mostly routine non-complex claims but, may handle litigated and moderately complex claims with limited settlement authority.
Gender Long-Term Incentive Eligible
Male 33.3% Yes 6.7%
Female 66.7% No 93.3%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 20.0% Incentive Stock Options (ISOs) 0.0%
Bachelors 60.0% Non-Qualified Stock Options (NQSOs) 0.0%
MA/MS 0.0% Restricted Stock 0.0%
MBA 6.7% Stock Appreciation Rights (SARs) 0.0%
JD 6.7% Performance Shares 0.0%
MD 0.0% Performance Units 0.0%
Ph.D 0.0% Long-Term Cash 0.0%
Other 6.7% None of the Above Received 100.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 53.3% Yes 0.0%
Division 20.0% No 100.0%
Subsidiary 6.7%
Single Location 6.7%
Other 13.3%

2013 Risk and Insurance Management Society, Inc. (RIMS) V - 48 US Data


2013 Risk Management Compensation Survey

Participant List Canadian Respondents

Respondents from over 218 organizations operating in Canada participated in the 2013 Risk Management Compensation Survey. These organizations
include:

ABB Canada Post Corporation Credit Union


AKITA Drilling Ltd. Canadian Blood Services Credit Union Deposit Guarantee
Alberta Health Services Canadian Pacific Railway Corporation
AltaLink Canadian Tire Corporation Limited CSA Group
AMSC Canfor Corporation Delta Hotels Limited
ArcelorMittal Dofasco Capital Regional District Desjardins
Associated Engineering Carleton University Desjardins General Insurance Group
ATB Financial Cascades Inc. District of North Vancouver
ATCO Ltd. Celero Solutions District of Saanich
ATCO Structures & Logistics Ltd. Cenovus Energy Inc. District of West Vancouver
Athabasca Oil Corporation City of Calgary Ducks Unlimited Canada
Athabasca University City of Edmonton Durham College
Atlantic Lottery City of Hamilton ECHELON GENERAL INSURANCE
Aviva Canada Inc. City of Moncton COMPANY
B.C. Pavilion Corporation City of Mount Pearl Economical Insurance
Bantrel City of Ottawa Edmonton Police Service
BC Securities Commission City of Prince George Enbridge Pipelines Inc.
BCE Inc. City of Red Deer Enerplus Corporation
Bell Aliant City of Regina Facility Association
Bentall Kennedy City of St. Albert Fallsview Casino Resort
BENTALL KENNEDY (CANADA) LP City of St. John's farciq
BFL Canada Risk & Insurance City of Surrey First Calgary Financial & Credit Union
British Columbia Ferry Services Inc. City of Winnipeg First Canadian Insurance Corporation
Business Development Bank of Canada City og Longueuil First West Credit Union
CAE Inc. Concordia University FortisBC
Cameco Corporation Co-operators Life Insurance Company Gaz Mtro
Camoplast Solideal Inc Corporation of the City of Brampton Georgian College
Canada Mortgage and Housing Corporation of the City of Kenora Giant Tiger Stores Limited
Corporation Cott Corporation Gibson Energy Inc.
2013 Risk and Insurance Management Society, Inc. (RIMS) VI - 1 Canadian Participant List
2013 Risk Management Compensation Survey

Gildan Manitoba Hydro Purolator Inc.


GNL Manitoba Telecom Services Inc. Quebecor Media
Gold mining Marine Atlantic Inc. Red River College
Government of Alberta Memorial University of Newfoundland Revera Inc.
Government of British Columbia Ministry of Government Services, Riskcorp
Government of Manitoba Province of Ontario Rogers Communications
Government of Newfoundland and Ministry of Justice Royal Bank of Canada
Labrador Minto Group Inc. Ryerson University
Government of Nova Scotia Molson Coors Canada Sanofi Pasteur
Government of Nunavut Mount Royal University Saskatchewan Housing Corporation
Government of Saskatchewan Mullen Group Ltd. Saskatchewan School Boards
Gowling Lafleur Henderson LLP Municipal Government Association
Grosvenor Americas Nalcor Energy SaskGaming Corporation
Habitat for Humanity Canada NAV CANADA Seaspan ULC
Halifax Regional Municipality Nexen Inc. ShawCor Ltd.
HIAA NL Housing Shell
Hudbay Northbridge Financial Corporation Simon Fraser University
Hydro One Networks Northern Lakes College SNC-Lavalin Group
Hydro-Quebec Northwest Territories Power Sofina Foods Inc.
IATA Corporation SoHo Insurance/Housing Services
Interuniversity Services Inc. OCAD University Corporation
IPF Ontario Lottery and Gaming Corporation South Coast British Columbia
Ivanho Cambridge Ontario Power Generation Inc. Transportation Authority
J.D. Irving, Limited Ontario School Boards' Insurance SSQ Financial Group
JONES DESLAURIERS INSURANCE Exchange Strathcona County
MANAGEMENT INC Otera Capital Sun Life Financial Inc.
Jubilee Insurance Agencies Inc. Oxford Properties Group Supreme Group
Kal Tire PCL Constructors Inc. Talisman Energy Inc.
Kinross Gold Corporation PepsiCo Technical Standards and Safety
Kruger Inc. Port Metro Vancouver Authority
LCBO Precision Drilling Corporation Telesat Canada
Ledcor Group of Companies Province of British Columbia TELUS Corporation
Ledcor Industries Inc. Province of Nova Scotia Tervita Corporation
London Health Sciences Centre Province of Ontario The City of Calgary
Magna International Inc. Public Service BC The City of Mississauga
2013 Risk and Insurance Management Society, Inc. (RIMS) VI - 2 Canadian Participant List
2013 Risk Management Compensation Survey

The Co-operators United Farmers of Alberta Cooperative Vancouver International Airport


The Corporation of Delta Limited Authority
The Corporation of the District of University of Alberta Vancouver Island Health Authority
Saanich University of British Columbia Wal-Mart Canada
The MEARIE Group University of Calgary Waterloo Region Municipalities
Toronto Community Housing University of Guelph Insurance Pool
Corporation University of Lethbridge Western Financial Group Insurance
Toronto Transit Commission University of New Brunswick Solutions
Town of Richmond Hill University of Ottawa Workers' Compensation Board of Nova
TransAlta Corporation University of Regina Scotia
TransCanada Corporation University of Saskatchewan Xstrata
Trent University University of Toronto Yara Belle Plaine Inc.
Triovest Realty Advisors University of Victoria York Region District School Board
TSSA UPEI York University
UBC Vale
Valero Energy

2013 Risk and Insurance Management Society, Inc. (RIMS) VI - 3 Canadian Participant List
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VI - 4 Canadian Participant List
2013 Risk Management Compensation Survey

Canadian Participant Demographics

The 2013 Risk Management Compensation Survey contains compensation data for 11 jobs from 270 individual respondents from 218 organizations. The
charts on the following pages display the distribution of Canadian participants by organization size, industry, ownership type, and geographic region. A
chart on the function to which the top risk management executive reports to is also presented.

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 1 Canadian Participant Demographics
2013 Risk Management Compensation Survey

Canadian Participant Demographics


Ownership Type

# of Percent of Percent of Respondents


Ownership Type Resp. Respondents 40.0% 37.4%
Publicly Traded 68 25.2% 35.0%

30.0%
25.2%
Private 50 18.5% 25.0%

20.0% 18.5%
Government 101 37.4% 14.4%
15.0%

10.0%
Not-for-Profit 39 14.4%
4.4%
5.0%

Other/Not Specified 12 4.4% 0.0%


Publicly Traded Private Government Not-for-Profit Other/Not Specified

Revenue

# of Percent of
Revenue Resp. Respondents Percent of Respondents
30.0%
Less than $100 Million 29 10.7%
25.6%
25.0%
$100 Million $100 - $250 Million 28 10.4%

20.0% 18.5%
$250 Million $250 - $500 Million 22 8.1%

$500 Million $500 Million - $1 Billion 26 9.6% 15.0%

10.7% 10.4% 10.7%


9.6%
$1 - $5 Billion 69 25.6% 10.0% 8.1%
6.3%
1 - $5 Billion $5 - $10 Billion 17 6.3% 5.0%

- $10 Billion Greater than $10 Billion 29 10.7%


0.0%
Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 Billion $5 - $10 Billion Greater than $10 Other/Not
Other/Not Specified 50 18.5% Million Million Million Billion Billion Specified

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 2 Canadian Participant Demographics
2013 Risk Management Compensation Survey

Canadian Participant Demographics


Organization Type

# of Percent of
Organization Type Resp. Respondents Percent of Respondents
70.0%
60.7%
Parent 164 60.7% 60.0%

50.0%
Subsidiary 18 6.7%
40.0%

Division 19 7.0% 30.0%

20.0% 14.8%
Single Location 29 10.7% 10.7%
10.0% 6.7% 7.0%

0.0%
Other 40 14.8%
Parent Subsidiary Division Single Location Other

Region
# of Percent of
Canadian Province Resp. Respondents Percent of Respondents

AB 61 22.6% 40.0%

BC 40 14.8% 34.8%
35.0%
MB 9 3.3%
30.0%
NB 5 1.9%

NL 8 3.0% 25.0%
22.6%
NS 9 3.3%
20.0%
NT 1 0.4%
14.8%
NU 1 0.4% 15.0%

ON 94 34.8% 8.9%
10.0%
PE 1 0.4% 5.9%
5.0% 3.3% 3.0% 3.3%
PQ 1 0.4% 1.9%
0.4% 0.4% 0.4% 0.4%
QC 24 8.9% 0.0%
AB BC MB NB NL NS NT NU ON PE PQ QC SK
SK 16 5.9%

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 3 Canadian Participant Demographics
2013 Risk Management Compensation Survey

Canadian Participant Demographics


Industry

# of Percent of Percent of Respondents


Industry Resp. Respondents
0.0% 5.0% 10.0% 15.0% 20.0% 25.0%
Agriculture 1 0.4%
Agriculture 0.4%
Business/Info
2 0.7%
Services/Consulting/Legal/Accounting Business/Info Services/Consulting/Legal/Accounting 0.7%
Chemical/Pharmaceutical/Biotechnology 1 0.4% Chemical/Pharmaceutical/Biotechnology 0.4%
Construction/Engineering/Architectural 9 3.3% Construction/Engineering/Architectural 3.3%
Education 35 13.0% Education 13.0%
Energy 23 8.5% Energy 8.5%
Entertainment & Media 2 0.7% Entertainment & Media 0.7%
Finance/Banking 10 3.7% Finance/Banking 3.7%
Government 63 23.3% Government 23.3%
Healthcare 4 1.5% Healthcare 1.5%
Hospitality 4 1.5%
Hospitality 1.5%
Insurance 24 8.9%
Insurance 8.9%
Mfg - Durable (includes Aerospace, Mfg - Durable (includes Aerospace, Computer/Office 1.1%
3 1.1%
Computer/Office Equipment, Electronics)
Mfg - Nondurable (includes Food, Paper & Allied 4.1%
Mfg - Nondurable (includes Food, Paper & Allied
11 4.1% Mining/Milling/Smelting 3.0%
Products)
Mining/Milling/Smelting 8 3.0% Not-for-Profit 2.6%
Not-for-Profit 7 2.6% Real Estate 3.3%
Real Estate 9 3.3% Retail 1.5%
Retail 4 1.5% Service 1.1%
Service 3 1.1% Telecommunications 3.0%
Telecommunications 8 3.0% Transportation 5.6%
Transportation 15 5.6%
Utilities 5.2%
Utilities 14 5.2%
Wholesale Distribution 0.0%
Wholesale Distribution 0 0.0%
Other 3.7%
Other 10 3.7%

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 4 Canadian Participant Demographics
2013 Risk Management Compensation Survey

Canadian Participant Demographics


Who the Top Risk Management Executive reports to:
# of Percent of
Resp. Respondents Percent
0.0%
of Respondents
5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0%

Do not have a Top Risk Management Executive 9 3.3%


Do not have a Top Risk Management Executive 3.3%

Finance/CFO/Minister of Finance 102 37.8%


Finance/CFO/Minister of Finance 37.8%

CEO/VP/Board of Directors/President 55 20.4% CEO/VP/Board of Directors/President 20.4%

Treasury 28 10.4% Treasury 10.4%

Legal/Compliance Officer/Solicitor- Legal/Compliance Officer/Solicitor-General/Attorney


29 10.7% 10.7%
General/Attorney General General

Administration/Management Board/Government Administration/Management Board/Government


16 5.9%
Services
5.9%
Services

COO 12 4.4% COO 4.4%

Human Resources/Personnel/Employee Benefits 3 1.1% Human Resources/Personnel/Employee Benefits 1.1%

Mayor/Governor/Premier 0.0%
Mayor/Governor/Premier 0 0.0%

Other 5.9%
Other 16 5.9%

Size of Department
n The average reported number of employees in the risk management department is 5.56 while the median is 2.20.

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 5 Canadian Participant Demographics
2013 Risk Management Compensation Survey

Canadian Participant Demographics

Respondent Age

# of Percent of
Age Resp. Respondents
Percent of Respondents
35.0%
Less than 30 12 4.4%
29.3%
30.0%

30 - 39 42 15.6% 25.0% 24.8%

20.0%
20.0%
40 - 49 67 24.8%
15.6%
15.0%
50 - 59 79 29.3%
10.0%
5.9%
4.4%
60 or Higher 16 5.9% 5.0%

0.0%
No Response 54 20.0% Less than 30 30 - 39 40 - 49 50 - 59 60 or Higher No Response

n The average respondent age reported is 46.71 while the median is 47.00.

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 6 Canadian Participant Demographics
2013 Risk Management Compensation Survey

Canadian Participant Demographics

Years in Current Position

# of Percent of
Years in Current Position Resp. Respondents Percent of Respondents
35.0%
Less than 1 year 7 2.6% 31.9%

30.0%
1 to 2 years 86 31.9%

25.0%
3 to 4 years 47 17.4%

20.0%
5 to 6 years 34 12.6%
17.4%

15.0%
7 to 8 years 20 7.4% 12.6%
10.7%
9 to 10 years 21 7.8% 10.0%
7.4% 7.8%
7.0%

11 to 15 years 19 7.0% 5.0%


2.6% 2.6%

More than 15 years 29 10.7% 0.0%


Less than 1 1 to 2 years 3 to 4 years 5 to 6 years 7 to 8 years 9 to 10 years 11 to 15 years More than 15 No Response
year years
No Response 7 2.6%

n The average years respondents reported being at their current position is 6.41 while the median is 4.00.

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 7 Canadian Participant Demographics
2013 Risk Management Compensation Survey

Canadian Participant Demographics

Gender

# of Percent of
Gender Resp. Respondents
Percent of Respondents
70.0%

60.0% 57.4%
Male 155 57.4%
50.0%
40.7%
40.0%

Female 110 40.7% 30.0%

20.0%

10.0%
No Response 5 1.9% 1.9%
0.0%
Male Female No Response

2013 Risk and Insurance Management Society, Inc. (RIMS) VII - 8 Canadian Participant Demographics
2013 Risk Management Compensation Survey

All Positions - Canada


Cash Compensation (All dollar amounts are displayed in CAD $000s)
Job Title Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Chief Risk Officer | Vice President - Risk
Management | Vice President - Strategic and 18 $173.6 $150.0 $175.0 $200.0 10 $58.2 $45.0 $55.0 $70.0 9 33.0% 30.0% 18 $205.9 $153.0 $202.5 $258.0 12.9 10.0
Enterprise Risk

Director - Business Continuity/Financial/IT


7 $132.0 -- $132.0 -- 4 -- -- -- -- 3 -- -- 7 $154.8 -- $132.0 -- 11.9 12.0
Risk Management

Director - Enterprise Risk Management


(ERM)/Strategic Risk Management / Risk 36 $122.8 $99.0 $110.0 $129.0 11 $18.4 $6.4 $7.8 $35.0 8 29.0% 21.0% 36 $128.4 $100.0 $115.6 $135.5 13.2 11.5
Intelligence

Director - Insurance and Risk Management 80 $119.1 $97.0 $111.8 $140.0 45 $24.9 $12.0 $20.0 $30.0 29 22.0% 20.0% 80 $133.1 $100.5 $120.0 $149.8 17.8 18.0

Manager - Insurance Management 46 $100.3 $83.5 $94.0 $117.0 22 $12.7 $8.9 $10.8 $15.0 21 14.0% 15.0% 46 $106.4 $85.0 $97.1 $122.0 10.7 9.5

Employee Benefits/Workers Compensation


0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Claims Manager

Claims Manager 12 $84.3 $72.5 $82.5 $95.0 4 -- -- -- -- 0 -- -- 12 $87.5 $73.0 $89.5 $95.0 12.3 10.0

Environmental, Health or Safety Manager 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

Risk Management Analyst (Enterprise-Wide) 32 $84.6 $70.0 $78.0 $97.5 14 $12.0 $3.9 $8.8 $19.0 10 12.0% 12.0% 32 $89.9 $72.5 $78.5 $99.9 6.6 4.0

Risk Management Analyst 31 $76.3 $66.0 $73.5 $82.5 13 $7.1 $5.0 $5.5 $7.8 10 9.0% 10.0% 31 $79.3 $70.0 $75.0 $87.5 6.8 5.0

Claims Analyst 7 $60.4 -- $59.5 -- 0 -- -- -- -- 0 -- -- 7 $60.4 -- $59.5 -- 7.9 10.0

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 1 All Jobs Summary - Canada
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 2 All Jobs Summary - Canada
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$250.0
All Respondents 18 $173.6 $205.9
espondents

$222.0
$200.0

$205.9

$199.5
Publicly Traded 2 -- --
licly Traded

$176.0
$173.6

$171.3
$150.0
Private 5 $176.0 $222.0

$100.0
Government 6 $171.3 $199.5

$50.0
Not-for-Profit 3 -- --

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
Other 2 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$300.0

All Respondents 18 $173.6 $205.9


$250.0
Less than $100

$240.8
3 -- --
Million
$200.0
$205.9

$100 - $250
250 Million 3 -- --

$192.7
Million
$173.6

$250 - $500 $150.0


500 Million 3 -- --
Million

$500 Million - $1 Billion 1 -- -- $100.0

$1 - $5
- $5 Billion 6 $192.7 $240.8 $50.0
Billion
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 1 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
1 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 3 Canadian Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$250.0
All Respondents 18 $173.6 $205.9

$225.0
$200.0

$205.9
HS/Associate 1 -- --

$173.6

$170.0
$150.0
Bachelors 5 $170.0 $225.0

$100.0
MA/MS 1 -- --

$50.0
MBA 4 -- --

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 1 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$250.0
All Respondents 18 $173.6 $205.9

$200.0

$208.5
$205.9
No 1 -- --

$179.3
$173.6

$150.0
1 or Fewer 2 -- --

$100.0
From 1 to 3 4 -- --

$50.0
From 3 to 5 1 -- --
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 6 $179.3 $208.5 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 4 Canadian Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk

Average Compensation by Industry

No Breakdowns Available - Insufficient Sample Size

Average Compensation by Province

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Province Resp. Salary ($000s) Comp ($000s) $0.0 $50.0 $100.0 $150.0 $200.0 $250.0

$173.6
All Respondents 18 $173.6 $205.9 All Respondents
$205.9

$180.6

BC 8 $180.6 $220.0 BC
$220.0

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 5 Canadian Data
2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 6


2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 7 $132.0 $154.8 $160.0
espondents

$154.8
$140.0
Publicly Traded 3 -- --

$132.0
licly Traded $120.0

$100.0
Private 1 -- --
$80.0

Government 1 -- -- $60.0

$40.0
Not-for-Profit 2 -- --

#N/A

#N/A
$20.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
Other #N/A #N/A #N/A All Respondents Publicly Traded Private Government Not-for-Profit Other

$0.0

$0.0
Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$180.0

All Respondents 7 $132.0 $154.8 $160.0

Less than $100


0 -- --
$140.0 $154.8
Million
$132.0

$120.0
$100 - $250
250 Million 1 -- --
Million $100.0
$250 - $500
500 Million 1 -- -- $80.0
Million

$500 Million - $1 Billion 1 -- -- $60.0

$1 - $5 $40.0
- $5 Billion 1 -- --
Billion
$20.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 1 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
1 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 7 Canadian Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 7 $132.0 $154.8
$160.0

$154.8
$140.0
HS/Associate 1 -- --

$132.0
$120.0

Bachelors 4 -- -- $100.0

$80.0

MA/MS 0 -- -- $60.0

$40.0
MBA 1 -- --
$20.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 0 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 7 $132.0 $154.8
$160.0

$140.0 $154.8
No 1 -- --
$132.0

$120.0

1 or Fewer 2 -- -- $100.0

$80.0

From 1 to 3 2 -- -- $60.0

$40.0
From 3 to 5 2 -- --
$20.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 0 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 8 Canadian Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management

Average Compensation by Industry

No Breakdowns Available - Insufficient Sample Size

Average Compensation by Province

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 9 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 10


2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$250.0
All Respondents 36 $122.8 $128.4
espondents

$225.2
$200.0

$205.2
Publicly Traded 5 $205.2 $225.2
licly Traded
$150.0
Private 6 $112.0 $123.7

$128.4

$123.7
$122.8
$100.0

$112.0

$114.9
$113.4

$105.2
$103.8
Government 16 $113.4 $114.9

$50.0
Not-for-Profit 7 $103.8 $105.2

$0.0

$0.0
$0.0
Other 2 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$140.0

All Respondents 36 $122.8 $128.4

$128.4
$120.0

$124.1
$122.8

$121.9

$120.0
Less than $100

$114.8
9 $99.9 $102.5
Million $100.0

$102.5
$99.9
$100 - $250
250 Million 2 -- --
Million $80.0
$250 - $500
500 Million 4 -- --
Million $60.0

$500 Million - $1 Billion 5 $121.9 $124.1


$40.0
$1 - $5
- $5 Billion 11 $114.8 $120.0
Billion $20.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 1 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
1 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 11 Canadian Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$160.0
All Respondents 36 $122.8 $128.4
$140.0

$135.6

$130.0

$130.0
$128.4
HS/Associate 6 $123.8 $135.6 $120.0

$123.8
$122.8

$111.8
$100.0

$105.4
Bachelors 9 $105.4 $111.8
$80.0

$60.0
MA/MS 3 -- --
$40.0

MBA 8 $130.0 $130.0 $20.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 1 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$160.0
All Respondents 36 $122.8 $128.4
$140.0

$135.2
$134.2
$130.8
No 14 $130.8 $134.2 $120.0 $128.4
$122.8

$117.2
$100.0

$108.0
$107.4
1 or Fewer 8 $117.2 $135.2
$80.0

$60.0
From 1 to 3 6 $107.4 $108.0
$40.0

From 3 to 5 4 -- -- $20.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 3 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 12 Canadian Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0

All Respondents 36 $122.8 $128.4 $122.8


All Respondents
$128.4

Education 7 $116.1 $116.6 $116.1


Education
$116.6

9 $116.1 $116.9 $116.1


Government
Government
$116.9

$102.0
Insurance 5 $102.0 $103.0
Insurance
$103.0

Average Compensation by Province


Average Base Salary ($000s) Average Total Comp ($000s)
# of Average Base Average Total
Province Resp. Salary ($000s) Comp ($000s) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 $160.0

All Respondents 36 $122.8 $128.4 $122.8


All Respondents
$128.4

AB 10 $142.1 $145.6 $142.1


AB
$145.6

ON 10 $124.2 $134.9 $124.2


ON
$134.9

$109.5
SK 6 $109.5 $111.8 SK
$111.8

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 13 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 14


2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 80 $119.1 $133.1 $160.0
espondents

$154.9
$140.0

$138.9
Publicly Traded 22 $125.3 $154.9

$133.1
licly Traded $120.0

$125.3

$120.2
$119.1

$118.3
$115.2
$116.1
$100.0

$113.1
Private 17 $120.2 $138.9
$80.0

Government 26 $113.1 $116.1 $60.0

$40.0
Not-for-Profit 13 $115.2 $118.3 $20.0

$0.0

$0.0
$0.0
Other 2 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$180.0

All Respondents 80 $119.1 $133.1 $160.0

$152.9
Less than $100 $140.0
4 -- --

$138.5
Million

$134.8
$133.4
$133.1

$120.0

$128.2

$124.7
$100 - $250

$122.8

$119.7
$119.1

250 Million 9 $106.4 $109.1

$117.3
Million

$109.1
$100.0

$107.1
$106.4
$250 - $500
500 Million 7 $128.2 $133.4 $80.0
Million

$500 Million - $1 Billion 7 $107.1 $117.3 $60.0

$1 - $5 $40.0
- $5 Billion 23 $122.8 $138.5
Billion
$20.0
$0.0

$0.0

$5 - $10
- $10 Billion 6 $119.7 $134.8
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
13 $124.7 $152.9 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 15 Canadian Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$180.0
All Respondents 80 $119.1 $133.1
$160.0

$153.7
$140.0
HS/Associate 16 $107.7 $118.8

$136.3
$133.1

$131.6
$120.0

$120.0
$119.1

$118.8
Bachelors 38 $120.0 $136.3 $100.0

$107.7
$80.0

MA/MS 1 -- -- $60.0

$40.0
MBA 10 $131.6 $153.7
$20.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 3 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$160.0
All Respondents 80 $119.1 $133.1
$140.0

$143.0

$139.8
$133.1

$131.8
No 16 $109.2 $121.9 $120.0

$127.2
$123.0

$122.8
$121.9
$119.1

$118.0

$112.9
$109.2
$100.0
1 or Fewer 16 $123.0 $143.0
$80.0

$60.0
From 1 to 3 17 $118.0 $131.8
$40.0

From 3 to 5 10 $112.9 $122.8 $20.0

$0.0
More than 5 16 $127.2 $139.8 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 16 Canadian Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management

Average Compensation by Industry

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s)
$0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 $160.0 $180.0 $200.0

All Respondents 80 $119.1 $133.1 $119.1


All Respondents
$133.1

Education 13 $112.6 $112.7 $112.6


Education
$112.7

Energy 6 $147.1 $185.8 $147.1


Energy
$185.8

$109.8
Government 21 $109.8 $110.4 Government
$110.4

Mfg - Nondurable (includes Food, Paper & Allied Mfg - Nondurable $121.8
7 $121.8 $136.2 (includes Food, Paper &
Products) $136.2
Allied Products)

$102.4
Telecommunications 6 $102.4 $116.6 Telecommunications
$116.6

$114.2
Transportation 5 $114.2 $124.1 Transportation
$124.1

Average Compensation by Province


Average Base Salary ($000s) Average Total Comp ($000s)
# of Average Base Average Total
$0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 $160.0 $180.0
Province Resp. Salary ($000s) Comp ($000s)
$119.1
All Respondents 80 $119.1 $133.1 All Respondents
$133.1

$120.6
AB 17 $120.6 $135.9 AB
$135.9

$105.2
BC 8 $105.2 $111.2 BC
$111.2

$122.5
ON 33 $122.5 $139.1 ON
$139.1

$133.0
QC 9 $133.0 $155.2 QC
$155.2

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 17 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 18


2013 Risk Management Compensation Survey

Manager - Insurance Management


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 46 $100.3 $106.4

$128.0
espondents $120.0

$114.7
Publicly Traded 14 $114.7 $128.0 $100.0

$106.4
$100.3
licly Traded

$93.8
$93.8

$93.5
$99.2
$97.7
$80.0

$87.1
Private 8 $87.1 $93.8
$60.0

Government 17 $97.7 $99.2


$40.0

Not-for-Profit 5 $93.5 $93.8 $20.0

$0.0

$0.0
$0.0
Other 2 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$140.0

All Respondents 46 $100.3 $106.4

$129.4
$120.0

$116.8
Less than $100

$113.2
3 -- --
Million $100.0
$106.4

$104.2
$104.1
$102.5

$102.0

$101.0
$100.3

$100 - $250
250 Million 6 $102.5 $104.1
Million $80.0
$250 - $500
500 Million 5 $102.0 $104.2
Million $60.0

$500 Million - $1 Billion 5 $101.0 $113.2


$40.0
$1 - $5
- $5 Billion 10 $116.8 $129.4
Billion $20.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 4 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
4 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 19 Canadian Data
2013 Risk Management Compensation Survey

Manager - Insurance Management

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 46 $100.3 $106.4
$120.0

$117.8
HS/Associate 10 $107.7 $117.8

$109.5
$107.7
$100.0

$106.4

$103.2
$101.9
$100.3

$95.9
$80.0
Bachelors 23 $95.9 $101.9

$60.0
MA/MS 2 -- --
$40.0

MBA 5 $103.2 $109.5 $20.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 0 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$140.0
All Respondents 46 $100.3 $106.4
$120.0

$114.5
No 17 $88.7 $93.5

$108.9
$107.5
$100.0
$106.4

$106.1
$105.9

$101.5
$100.3

$93.5
$88.7
$80.0
1 or Fewer 14 $105.9 $114.5

$60.0
From 1 to 3 7 $106.1 $107.5
$40.0

From 3 to 5 3 -- -- $20.0

$0.0

$0.0
$0.0
More than 5 5 $101.5 $108.9 All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 20 Canadian Data
2013 Risk Management Compensation Survey

Manager - Insurance Management

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0

$100.3
All Respondents 46 $100.3 $106.4 All Respondents
$106.4

$90.5
Government 10 $90.5 $90.5 Government
$90.5

$122.4
Utilities 7 $122.4 $130.0 Utilities
$130.0

$111.8
Other 5 $111.8 $123.5 Other
$123.5

Average Compensation by Province


Average Base Salary ($000s) Average Total Comp ($000s)
# of Average Base Average Total
Province Resp. Salary ($000s) Comp ($000s) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0

$100.3
All Respondents 46 $100.3 $106.4 All Respondents
$106.4

$120.6
AB 11 $120.6 $130.5 AB
$130.5

$85.3
BC 5 $85.3 $85.3 BC
$85.3

$92.8
ON 17 $92.8 $99.9 ON
$99.9

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 21 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 22


2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager

No Data Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 23 Canadian Data
2013 Risk Management Compensation Survey

This Page Intentionally Blank

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 24


2013 Risk Management Compensation Survey

Claims Manager
Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$100.0
All Respondents 12 $84.3 $87.5 $90.0
espondents

$87.5
$80.0

$84.3
Publicly Traded 1 -- -- $70.0
licly Traded

$75.9
$73.1
$60.0
Private 3 -- -- $50.0

$40.0
Government 5 $73.1 $75.9 $30.0

$20.0
Not-for-Profit 2 -- --
$10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
Other 1 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$100.0

All Respondents 12 $84.3 $87.5 $90.0

$87.5
$80.0
$84.3
Less than $100
2 -- --
Million $70.0
$100 - $250
250 Million 2 -- -- $60.0
Million
$250 - $500 $50.0
500 Million 1 -- --
Million
$40.0
$500 Million - $1 Billion 0 -- -- $30.0

$1 - $5 $20.0
- $5 Billion 1 -- --
Billion
$10.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 2 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
1 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 25 Canadian Data
2013 Risk Management Compensation Survey

Claims Manager

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$100.0
All Respondents 12 $84.3 $87.5 $90.0

$87.5
$80.0

$84.3
HS/Associate 4 -- --
$70.0

$60.0
Bachelors 2 -- --
$50.0

$40.0
MA/MS 0 -- --
$30.0

$20.0
MBA 0 -- --
$10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 0 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$100.0
All Respondents 12 $84.3 $87.5
$90.0

$87.5
$80.0
$84.3

No 6 $74.0 $78.8

$78.8
$70.0

$74.0
$60.0
1 or Fewer 2 -- --
$50.0
$40.0
From 1 to 3 3 -- --
$30.0
$20.0
From 3 to 5 1 -- --
$10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 0 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 26 Canadian Data
2013 Risk Management Compensation Survey

Claims Manager

Average Compensation by Industry

No Breakdowns Available - Insufficient Sample Size

Average Compensation by Province

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 27 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 28


2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager

No Data Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 29 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 30


2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 32 $84.6 $89.9
espondents $100.0

$104.6
$94.4
Publicly Traded 12 $94.4 $104.6

$89.9
licly Traded $80.0

$84.6

$78.5

$71.9
$78.0

$71.0
Private 4 -- -- $60.0

Government 10 $78.0 $78.5 $40.0

$20.0
Not-for-Profit 5 $71.0 $71.9

$0.0

$0.0

$0.0

$0.0
$0.0
Other 1 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$120.0

All Respondents 32 $84.6 $89.9


$100.0

$102.0
Less than $100

$97.2
3 -- --

$94.6
Million
$89.9

$88.3
$80.0
$84.6

$100 - $250
250 Million 4 -- --
Million
$250 - $500 $60.0
500 Million 0 -- --
Million

$500 Million - $1 Billion 0 -- -- $40.0

$1 - $5
- $5 Billion 7 $88.3 $97.2 $20.0
Billion
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 0 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
7 $94.6 $102.0 Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 31 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$100.0
All Respondents 32 $84.6 $89.9 $90.0

$89.9
$80.0

$84.6

$79.9
HS/Associate 5 $79.1 $79.9

$79.1

$78.0
$70.0

$73.1
$60.0
Bachelors 14 $73.1 $78.0
$50.0

$40.0
MA/MS 2 -- --
$30.0

$20.0
MBA 3 -- --
$10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 0 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$120.0
All Respondents 32 $84.6 $89.9
$100.0

$103.5
No 26 $82.3 $85.1
$89.9

$89.6
$80.0

$85.1
$84.6

$82.3
1 or Fewer 5 $89.6 $103.5
$60.0

From 1 to 3 0 -- -- $40.0

From 3 to 5 0 -- -- $20.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 1 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 32 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)

Average Compensation by Industry


Average Base Salary ($000s) Average Total Comp ($000s)
# of Average Base Average Total $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0
Industry Resp. Salary ($000s) Comp ($000s)
$84.6
All Respondents 32 $84.6 $89.9 All Respondents
$89.9

$109.5
Energy 6 $109.5 $125.9 Energy
$125.9

$78.1
Government 7 $78.1 $78.1 Government
$78.1

$78.2
Insurance 5 $78.2 $79.6 Insurance
$79.6

Average Compensation by Province


Average Base Salary ($000s) Average Total Comp ($000s)
# of Average Base Average Total
Province Resp. Salary ($000s) Comp ($000s) $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0

$84.6
All Respondents 32 $84.6 $89.9 All Respondents
$89.9

$104.6
AB 8 $104.6 $116.9 AB
$116.9

$90.0
BC 6 $90.0 $94.2 BC
$94.2

$70.2
ON 11 $70.2 $71.9 ON
$71.9

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 33 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 34


2013 Risk Management Compensation Survey

Risk Management Analyst


Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$90.0
All Respondents 31 $76.3 $79.3

$85.7
$80.0
espondents

$79.3

$79.2
$79.2
$76.3
$70.0

$73.7

$77.7
$77.7
Publicly Traded 9 $79.2 $85.7
licly Traded $60.0

$50.0
Private 6 $73.7 $79.2
$40.0

Government 12 $77.7 $77.7 $30.0

$20.0
Not-for-Profit 2 -- -- $10.0

$0.0

$0.0

$0.0

$0.0
$0.0
Other 2 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Revenue Resp. Salary ($000s) Comp ($000s)
$100.0

All Respondents 31 $76.3 $79.3 $90.0

$87.6
$80.0

$83.2
Less than $100
5 $70.3 $72.3 $79.3
Million
$76.3

$70.0

$72.3
$72.3

$70.6
$70.3
$100 - $250
250 Million 1 -- -- $60.0
Million
$250 - $500 $50.0
500 Million 0 -- --
Million
$40.0
$500 Million - $1 Billion 7 $70.6 $72.3 $30.0

$1 - $5 $20.0
- $5 Billion 9 $83.2 $87.6
Billion
$10.0
$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$5 - $10
- $10 Billion 2 -- --
Billion $0.0
All Respondents Less than $100 $100 - $250 $250 - $500 $500 Million - $1 $1 - $5 $5 - $10 Greater than
Greater than
1 -- -- Million Million Million Billion Billion Billion $10 Billion
$10 Billion

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 35 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst

Average Compensation by Degree

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Degree Resp. Salary ($000s) Comp ($000s)
$90.0
All Respondents 31 $76.3 $79.3
$80.0

$79.3
$76.3
$70.0

$72.5
HS/Associate 4 -- --

$70.3
$60.0

Bachelors 11 $70.3 $72.5 $50.0

$40.0

MA/MS 0 -- -- $30.0

$20.0
MBA 2 -- --
$10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
JD 0 -- -- All Respondents HS/Associate Bachelors MA/MS MBA JD

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$90.0
All Respondents 31 $76.3 $79.3
$80.0

$79.3

$77.8
$76.3

$75.0
$70.0
No 25 $75.0 $77.8
$60.0

1 or Fewer 3 -- -- $50.0

$40.0

From 1 to 3 2 -- -- $30.0

$20.0
From 3 to 5 0 -- --
$10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 1 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 36 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst

Average Compensation by Industry

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Industry Resp. Salary ($000s) Comp ($000s) $0.0 $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 $90.0

$76.3
All Respondents 31 $76.3 $79.3 All Respondents
$79.3

$69.2
Education 6 $69.2 $69.2 Education
$69.2

$79.8
Energy 7 $79.8 $85.5 Energy
$85.5

$83.4
Government 6 $83.4 $83.4 Government
$83.4

Average Compensation by Province

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Province Resp. Salary ($000s) Comp ($000s)
$0.0 $10.0 $20.0 $30.0 $40.0 $50.0 $60.0 $70.0 $80.0 $90.0 $100.0

All Respondents 31 $76.3 $79.3 $76.3


All Respondents
$79.3

$81.2
AB 10 $81.2 $86.0
AB
$86.0

$75.8
ON 9 $75.8 $77.6 ON
$77.6

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 37 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 38


2013 Risk Management Compensation Survey

Claims Analyst
Average Compensation by Ownership Type

# of Average Base Average Total Average Base Salary ($000s) Average Total Comp ($000s)
Ownership Type Resp. Salary ($000s) Comp ($000s)
$70.0
All Respondents 7 $60.4 $60.4
espondents $60.0

$60.4

$60.4

$60.4
$60.4
Publicly Traded 0 -- -- $50.0
licly Traded
$40.0
Private 0 -- --
$30.0

Government 7 $60.4 $60.4


$20.0

Not-for-Profit 0 -- -- $10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
Other 0 -- -- All Respondents Publicly Traded Private Government Not-for-Profit Other

Average Compensation by Revenue

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 39 Canadian Data
2013 Risk Management Compensation Survey

Claims Analyst
Average Compensation by Degree

No Breakdowns Available - Insufficient Sample Size

Average Compensation by Supervisory Responsibility

# of Average Base Average Total


Average Base Salary ($000s) Average Total Comp ($000s)
Supervisory Responsibility Resp. Salary ($000s) Comp ($000s)
$70.0
All Respondents 7 $60.4 $60.4
$60.0

$60.6

$60.6
$60.4

$60.4
No 6 $60.6 $60.6 $50.0

$40.0
1 or Fewer 1 -- --

$30.0
From 1 to 3 0 -- --
$20.0

From 3 to 5 0 -- -- $10.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0

$0.0
$0.0
More than 5 0 -- -- All Respondents No 1 or Fewer From 1 to 3 From 3 to 5 More than 5

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 40 Canadian Data
2013 Risk Management Compensation Survey

Claims Analyst

Average Compensation by Industry

No Breakdowns Available - Insufficient Sample Size

Average Compensation by Province

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 41 Canadian Data
2013 Risk Management Compensation Survey

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2013 Risk and Insurance Management Society, Inc. (RIMS) VIII - 42


2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Description of Responsibilities: Plans and directs all aspects of an organization's risk management policies, objectives, and initiatives. Responsible for the development and execution of the organizations enterprise risk and risk appetite
frameworks, and related processes to achieve the organizations short- and long-term strategic, financial and operational goals. Directs the development of the organizations risk practices as an interrelated risk portfolio to create, capture and
protect the enterprise value. Seeks ways to optimize risk decision making in the organization as a competitive advantage, using multiple techniques and solutions. Recognized as a dynamic, proactive and decisive risk leader. Possesses a broad-
based operational perspective, an intimate knowledge of internal business processes and understanding of the organizations industry. Adapts well to and initiates change in the organization. Demonstrates expertise in a variety of the field's
concepts, practices, and procedures. Relies on extensive personal leadership skills, network of internal and external alliances, experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of
others. A wide degree of creativity and latitude is expected. Key traits for the individual in this position are: highly developed communications, team player, change agent, strategic and creative, excellent project management skills and the
ability to drive performance from all areas within the organization.

Position level/Reporting Structure: This person typically reports to the CEO, President, Principal or Executive Director They are identified as the top risk executive in the company and may be the CFO or COO if these positions are identified as
the person responsible for all activities relating to risk within the organization.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 18 $173.6 $150.0 $175.0 $200.0 10 $58.2 $45.0 $55.0 $70.0 9 33.0% 30.0% 18 $205.9 $153.0 $202.5 $258.0 12.9 10.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 2 -- -- -- -- 2 -- -- -- -- 2 -- -- 2 -- -- -- -- -- --
Private 5 $176.0 -- $175.0 -- 3 -- -- -- -- 3 -- -- 5 $222.0 -- $220.0 -- 6.6 7.0
Government 6 $171.3 -- $146.5 -- 3 -- -- -- -- 3 -- -- 6 $199.5 -- $169.0 -- 18.3 14.0
Not-for-Profit 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Other 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 3 -- -- -- -- 2 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
$100 - $250 Million 3 -- -- -- -- 1 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
$250 - $500 Million 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
$500 Million - $1 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
$1 - $5 Billion 6 $192.7 -- $187.5 -- 4 -- -- -- -- 4 -- -- 6 $240.8 -- $247.5 -- 18.3 17.0
$5 - $10 Billion 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Greater than $10 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Bachelors 5 $170.0 -- $175.0 -- 4 -- -- -- -- 3 -- -- 5 $225.0 -- $225.0 -- 16.4 9.0
MA/MS 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
MBA 4 -- -- -- -- 1 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
JD 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Ph.D 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
1 or Fewer 2 -- -- -- -- 0 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
From 1 to 3 4 -- -- -- -- 3 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --
From 3 to 5 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
More than 5 6 $179.3 -- $188.5 -- 3 -- -- -- -- 2 -- -- 6 $208.5 -- $216.0 -- 11.0 11.0

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 1 Canadian Data
2013 Risk Management Compensation Survey

Chief Risk Officer | Vice President - Risk Management | Vice President - Strategic and Enterprise Risk
Description of Responsibilities: Plans and directs all aspects of an organization's risk management policies, objectives, and initiatives. Responsible for the development and execution of the organizations enterprise risk and risk appetite
Cash Compensation
frameworks, and related(All dollarto
processes amounts areorganizations
achieve the displayed inshort-
CAD and
$000s)
long-term strategic, financial and operational goals. Directs the development of the organizations risk practices as an interrelated risk portfolio to create, capture and
protect the enterprise value. Seeks ways to optimize risk decision making in the organization as a competitive advantage, using multiple techniques and solutions. Recognized as a dynamic, proactive and decisive risk leader. Possesses a broad-
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
based operational perspective, an intimate knowledge of internal business processes and understanding of the organizations industry. Adapts well to and initiates change in the organization. Demonstrates expertise in a variety of the field's
concepts, practices, and procedures. Relies on extensive
# of personal leadership skills,
50th pct network of internal
# of and external alliances, experience
50th pct and judgment to plan and accomplish
50th pct goals.
# of Performs a variety of tasks. Leads
50th pct and directs the work ofpct
50th
others. A wide degree of creativity and latitude isResp.
Industry expected. Key traits
Average 25thfor
pctthe individual
(median) 75thinpct
this position
Resp. are: highly25th
Average developed communications,
pct (median) 75th pct #team player,
of Resp. change (median)
Average agent, strategic and creative,
Resp. Average excellent project management
25th pct (median) skills and(median)
75th pct Average the
ability to drive performance from all areas within the organization.
No Breakdowns Available - Insufficient Sample Size
Position level/Reporting Structure: This person typically reports to the CEO, President, Principal or Executive Director They are identified as the top risk executive in the company and may be the CFO or COO if these positions are identified as
the person responsible for all activities relating to risk within the organization.

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
BC 8 $180.6 -- $176.0 -- 5 $63.0 -- $60.0 -- 3 -- -- 8 $220.0 -- $223.5 -- 12.1 9.5

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 83.3% Yes 66.7%
Female 16.7% No 33.3%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 5.6% Incentive Stock Options (ISOs) 8.3%
Bachelors 27.8% Non-Qualified Stock Options (NQSOs) 0.0%
MA/MS 5.6% Restricted Stock 25.0%
MBA 22.2% Stock Appreciation Rights (SARs) 0.0%
JD 5.6% Performance Shares 8.3%
MD 0.0% Performance Units 16.7%
Ph.D 5.6% Long-Term Cash 50.0%
Other 27.8% None of the Above Received 8.3%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 66.7% Yes 94.4%
Division 0.0% No 5.6%
Subsidiary 16.7%
Single Location 11.1%
Other 5.6%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 2 Canadian Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Combination of data from the Director - Business Continuity Management, Director - Financial Risk Management (Commodity, Credit, Interest Rates, and/or Foreign Currency), & Director - IT Risk Management positions.

See pages 9 though 14 in Section I of this report for a detailed job description of all positions.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 7 $132.0 -- $132.0 -- 4 -- -- -- -- 3 -- -- 7 $154.8 -- $132.0 -- 11.9 12.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 3 -- -- -- -- 3 -- -- -- -- 3 -- -- 3 -- -- -- -- -- --
Private 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Government 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Not-for-Profit 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Other #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$100 - $250 Million 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$250 - $500 Million 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$500 Million - $1 Billion 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$1 - $5 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
$5 - $10 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Greater than $10 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Bachelors 4 -- -- -- -- 2 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
MA/MS 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
MBA 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
1 or Fewer 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
From 1 to 3 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
From 3 to 5 2 -- -- -- -- 2 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
More than 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 3 Canadian Data
2013 Risk Management Compensation Survey

Director - Business Continuity/Financial/IT Risk Management


Combination of data from the Director - Business Continuity Management, Director - Financial Risk Management (Commodity, Credit, Interest Rates, and/or Foreign Currency), & Director - IT Risk Management positions.
Cash Compensation (All dollar amounts are displayed in CAD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 85.7% Yes 14.3%
Female 14.3% No 85.7%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 14.3% Incentive Stock Options (ISOs) --
Bachelors 57.1% Non-Qualified Stock Options (NQSOs) --
MA/MS 0.0% Restricted Stock --
MBA 14.3% Stock Appreciation Rights (SARs) --
JD 0.0% Performance Shares --
MD 0.0% Performance Units --
Ph.D 0.0% Long-Term Cash --
Other 14.3% None of the Above Received --
* Insufficient Sample; Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 42.9% Yes 85.7%
Division 0.0% No 14.3%
Subsidiary 14.3%
Single Location 28.6%
Other 14.3%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 4 Canadian Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Combination of data from the Director - Enterprise Risk Management (ERM) & Director - Strategic Risk Management / Risk Intelligence positions.

See pages 9 though 14 in Section I of this report for a detailed job description of all positions.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 36 $122.8 $99.0 $110.0 $129.0 11 $18.4 $6.4 $7.8 $35.0 8 29.0% 21.0% 36 $128.4 $100.0 $115.6 $135.5 13.2 11.5

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 5 $205.2 -- $165.0 -- 2 -- -- -- -- 4 -- -- 5 $225.2 -- $200.0 -- 16.2 15.0
Private 6 $112.0 -- $113.0 -- 4 -- -- -- -- 0 -- -- 6 $123.7 -- $119.0 -- 12.7 11.0
Government 16 $113.4 $101.0 $109.2 $125.0 3 -- -- -- -- 3 -- -- 16 $114.9 $101.0 $113.1 $125.1 11.2 10.4
Not-for-Profit 7 $103.8 -- $110.0 -- 2 -- -- -- -- 0 -- -- 7 $105.2 -- $110.0 -- 16.3 17.0
Other 2 -- -- -- -- 0 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 9 $99.9 -- $100.0 -- 3 -- -- -- -- 1 -- -- 9 $102.5 -- $100.0 -- 13.0 13.0
$100 - $250 Million 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
$250 - $500 Million 4 -- -- -- -- 1 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
$500 Million - $1 Billion 5 $121.9 -- $110.0 -- 2 -- -- -- -- 1 -- -- 5 $124.1 -- $113.5 -- 15.0 15.0
$1 - $5 Billion 11 $114.8 $102.0 $108.3 $125.0 2 -- -- -- -- 3 -- -- 11 $120.0 $102.0 $116.1 $125.0 12.5 10.0
$5 - $10 Billion 1 -- -- -- -- 0 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Greater than $10 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 6 $123.8 -- $116.8 -- 5 $14.2 -- $7.7 -- 2 -- -- 6 $135.6 -- $130.6 -- 23.2 27.5
Bachelors 9 $105.4 -- $95.0 -- 2 -- -- -- -- 3 -- -- 9 $111.8 -- $95.0 -- 13.9 13.0
MA/MS 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
MBA 8 $130.0 -- $125.0 -- 0 -- -- -- -- 0 -- -- 8 $130.0 -- $125.0 -- 12.9 11.5
JD 1 -- -- -- -- 0 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --
Ph.D 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 14 $130.8 $100.0 $108.5 $125.0 3 -- -- -- -- 2 -- -- 14 $134.2 $102.0 $108.5 $125.2 13.1 12.0
1 or Fewer 8 $117.2 -- $113.0 -- 6 $24.0 -- $15.0 -- 3 -- -- 8 $135.2 -- $120.0 -- 13.2 12.5
From 1 to 3 6 $107.4 -- $105.0 -- 1 -- -- -- -- 1 -- -- 6 $108.0 -- $106.8 -- 16.0 12.5
From 3 to 5 4 -- -- -- -- 1 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
More than 5 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 5 Canadian Data
2013 Risk Management Compensation Survey

Director - Enterprise Risk Management (ERM)/Strategic Risk Management / Risk Intelligence


Combination of data from the Director - Enterprise Risk Management (ERM) & Director - Strategic Risk Management / Risk Intelligence positions.
Cash Compensation (All dollar amounts are displayed in CAD $000s)
See pages 9 though 14 in Section I of this report for a detailed job description of all positions.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Education 7 $116.1 -- $115.0 -- 1 -- -- -- -- 0 -- -- 7 $116.6 -- $115.0 -- 13.1 12.0
Government 9 $116.1 -- $110.0 -- 1 -- -- -- -- 1 -- -- 9 $116.9 -- $110.0 -- 11.2 6.0
Insurance 5 $102.0 -- $100.0 -- 1 -- -- -- -- 1 -- -- 5 $103.0 -- $100.0 -- 11.2 7.0

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
AB 10 $142.1 $108.3 $115.5 $125.0 3 -- -- -- -- 3 -- -- 10 $145.6 $110.0 $120.6 $136.0 10.3 7.9
ON 10 $124.2 $105.0 $119.0 $150.0 3 -- -- -- -- 3 -- -- 10 $134.9 $105.0 $119.0 $171.0 14.2 12.5
SK 6 $109.5 -- $105.0 -- 2 -- -- -- -- 1 -- -- 6 $111.8 -- $106.8 -- 11.0 8.0

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 61.1% Yes 13.9%
Female 38.9% No 86.1%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 16.7% Incentive Stock Options (ISOs) 20.0%
Bachelors 25.0% Non-Qualified Stock Options (NQSOs) 0.0%
MA/MS 8.3% Restricted Stock 80.0%
MBA 22.2% Stock Appreciation Rights (SARs) 0.0%
JD 2.8% Performance Shares 0.0%
MD 0.0% Performance Units 20.0%
Ph.D 2.8% Long-Term Cash 0.0%
Other 22.2% None of the Above Received 0.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 52.8% Yes 61.1%
Division 8.3% No 38.9%
Subsidiary 5.6%
Single Location 11.1%
Other 22.2%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 6 Canadian Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Description of Responsibilities: This is a senior insurance and risk management position in an organization, with authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO, CFO or COO
unless they spend more than 50% of their time directly involved in, and accountable for, risk management activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives, ensuring effective
hazard (typically insurable risks) risk management for the organization and supervising, leading and/or directing key internal risk stakeholders. This person typically is responsible for the process of identifying, measuring and managing
insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in order to optimize operations.

Position level/ Reporting Structure: Reports findings on risk exposures to senior executives and/or the organization's board of directors, and implements strategies to manage insurable and/or hazard risks. Operationally reports to the Chief
Financial Officer, Chief Risk Officer, or other corporate level officer designee.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 80 $119.1 $97.0 $111.8 $140.0 45 $24.9 $12.0 $20.0 $30.0 29 22.0% 20.0% 80 $133.1 $100.5 $120.0 $149.8 17.8 18.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 22 $125.3 $101.7 $127.5 $140.9 20 $32.6 $15.0 $20.5 $41.0 14 28.0% 23.0% 22 $154.9 $116.7 $147.0 $180.0 15.5 16.5
Private 17 $120.2 $95.0 $118.0 $140.0 15 $21.1 $5.0 $20.0 $25.0 9 18.0% 15.0% 17 $138.9 $110.0 $140.0 $149.5 19.9 18.0
Government 26 $113.1 $98.0 $105.5 $132.0 4 -- -- -- -- 3 -- -- 26 $116.1 $98.0 $106.8 $134.0 18.9 19.0
Not-for-Profit 13 $115.2 $86.0 $105.0 $112.0 5 $8.1 -- $5.0 -- 2 -- -- 13 $118.3 $86.2 $105.0 $121.5 16.5 16.0
Other 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 4 -- -- -- -- 2 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
$100 - $250 Million 9 $106.4 -- $101.6 -- 2 -- -- -- -- 0 -- -- 9 $109.1 -- $101.6 -- 18.4 21.0
$250 - $500 Million 7 $128.2 -- $120.0 -- 2 -- -- -- -- 1 -- -- 7 $133.4 -- $120.0 -- 21.6 20.0
$500 Million - $1 Billion 7 $107.1 -- $104.0 -- 4 -- -- -- -- 2 -- -- 7 $117.3 -- $105.0 -- 14.7 14.0
$1 - $5 Billion 23 $122.8 $94.0 $130.0 $145.0 16 $22.5 $13.8 $20.0 $30.0 13 26.0% 15.0% 23 $138.5 $104.0 $145.0 $166.5 16.8 19.0
$5 - $10 Billion 6 $119.7 -- $110.5 -- 4 -- -- -- -- 4 -- -- 6 $134.8 -- $125.5 -- 16.5 17.0
Greater than $10 Billion 13 $124.7 $97.0 $118.0 $138.0 9 $40.7 -- $25.0 -- 4 -- -- 13 $152.9 $106.0 $140.0 $175.5 20.2 18.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 16 $107.7 $94.5 $103.3 $119.0 10 $17.8 $7.5 $13.5 $25.0 5 20.0% 15.0% 16 $118.8 $100.5 $108.0 $134.0 20.1 20.0
Bachelors 38 $120.0 $97.0 $114.0 $140.9 22 $28.2 $15.0 $20.0 $30.0 16 23.0% 20.0% 38 $136.3 $104.0 $126.5 $150.0 18.3 17.5
MA/MS 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
MBA 10 $131.6 $117.0 $134.0 $140.6 7 $31.6 -- $30.6 -- 5 23.0% 20.0% 10 $153.7 $117.0 $157.3 $179.0 13.8 16.0
JD 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 16 $109.2 $89.5 $95.0 $135.5 12 $16.9 $5.0 $10.5 $25.0 5 19.0% 20.0% 16 $121.9 $89.5 $110.5 $136.3 12.4 12.0
1 or Fewer 16 $123.0 $100.5 $122.5 $135.0 11 $29.1 $15.0 $20.0 $23.0 7 27.0% 15.0% 16 $143.0 $111.3 $138.8 $149.8 19.9 20.0
From 1 to 3 17 $118.0 $98.0 $106.1 $140.9 9 $26.0 -- $18.0 -- 8 21.0% 18.0% 17 $131.8 $98.0 $121.5 $167.0 18.3 20.0
From 3 to 5 10 $112.9 $99.0 $106.6 $125.0 5 $19.7 -- $20.0 -- 4 -- -- 10 $122.8 $101.0 $114.1 $140.0 22.3 21.5
More than 5 16 $127.2 $103.3 $115.0 $147.5 5 $40.3 -- $42.0 -- 4 -- -- 16 $139.8 $103.3 $126.0 $177.3 17.7 19.5

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 7 Canadian Data
2013 Risk Management Compensation Survey

Director - Insurance and Risk Management


Description of Responsibilities: This is a senior insurance and risk management position in an organization, with authority to make decisions on risk management issues affecting the organization. This person is usually not the CEO, CFO or COO
Cash Compensation
unless they spend more (All
thandollar
50% ofamounts
their time are displayed
directly involvedinin,CAD
and $000s)
accountable for, risk management activities/issues affecting the organization. Accountable for protecting the achievement of organizational objectives, ensuring effective
hazard (typically insurable risks) risk management for the organization and supervising, leading and/or directing key internal risk stakeholders. This person typically is responsible for the process of identifying, measuring and managing
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and defining and/or overseeing the implementation of the risk solutions that help avoid, transfer or mitigate risks in order to optimize operations.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Position level/ Reporting Structure: Reports findings
Industry Resp.on risk exposures
Average 25th topctsenior executives
(median) and/or
75th pct the organization's
Resp. Average 25thboard of directors,
pct (median) 75thand pct implements
# of Resp. strategies
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Financial Officer, Chief Risk Officer, or other corporate
Education 13 level officer designee.
$112.6 $86.0 $99.0 $131.1 2 -- -- -- -- 0 -- -- 13 $112.7 $86.2 $99.0 $131.1 13.6 13.0
Energy 6 $147.1 -- $147.5 -- 6 $38.7 -- $42.5 -- 5 24.0% 25.0% 6 $185.8 -- $190.0 -- 13.8 13.5
Government 21 $109.8 $97.0 $104.0 $120.0 2 -- -- -- -- 0 -- -- 21 $110.4 $98.0 $104.0 $120.0 20.8 21.0
Mfg - Nondurable (includes Food, Paper & Allied
7 $121.8 -- $117.0 -- 5 $20.1 -- $20.0 -- 4 -- -- 7 $136.2 -- $117.0 -- 15.1 19.0
Products)
Telecommunications 6 $102.4 -- $99.3 -- 5 $17.0 -- $18.0 -- 3 -- -- 6 $116.6 -- $115.8 -- 17.0 17.0
Transportation 5 $114.2 -- $95.0 -- 4 -- -- -- -- 3 -- -- 5 $124.1 -- $104.0 -- 13.2 12.0

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
AB 17 $120.6 $101.0 $111.5 $145.0 10 $26.1 $7.5 $19.0 $45.0 6 22.0% 20.0% 17 $135.9 $107.5 $115.0 $157.0 15.7 12.0
BC 8 $105.2 -- $101.6 -- 3 -- -- -- -- 2 -- -- 8 $111.2 -- $105.0 -- 18.6 16.5
ON 33 $122.5 $99.0 $120.0 $138.0 20 $27.4 $6.5 $18.3 $33.8 11 21.0% 20.0% 33 $139.1 $104.0 $125.0 $166.5 18.5 19.0
QC 9 $133.0 -- $130.0 -- 9 $22.2 -- $20.0 -- 7 27.0% 15.0% 9 $155.2 -- $150.0 -- 19.2 20.0

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 62.5% Yes 26.2%
Female 37.5% No 73.8%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 20.0% Incentive Stock Options (ISOs) 42.9%
Bachelors 47.5% Non-Qualified Stock Options (NQSOs) 14.3%
MA/MS 1.2% Restricted Stock 9.5%
MBA 12.5% Stock Appreciation Rights (SARs) 4.8%
JD 3.8% Performance Shares 19.0%
MD 0.0% Performance Units 23.8%
Ph.D 0.0% Long-Term Cash 19.0%
Other 15.0% None of the Above Received 0.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 60.0% Yes 80.0%
Division 7.5% No 20.0%
Subsidiary 5.0%
Single Location 11.2%
Other 16.2%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 8 Canadian Data
2013 Risk Management Compensation Survey

Manager - Insurance Management


Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers, consultants and other
administrators, preparing loss analyses and budgets, identifying exposures, recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and
managing safety/risk management manuals.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 46 $100.3 $83.5 $94.0 $117.0 22 $12.7 $8.9 $10.8 $15.0 21 14.0% 15.0% 46 $106.4 $85.0 $97.1 $122.0 10.7 9.5

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 14 $114.7 $88.0 $113.8 $135.0 13 $14.4 $9.5 $11.0 $15.0 12 15.0% 15.0% 14 $128.0 $96.5 $124.3 $162.0 8.0 7.5
Private 8 $87.1 -- $83.3 -- 4 -- -- -- -- 4 -- -- 8 $93.8 -- $87.5 -- 10.5 10.0
Government 17 $97.7 $82.0 $95.0 $117.0 3 -- -- -- -- 4 -- -- 17 $99.2 $82.0 $96.5 $118.0 12.4 7.0
Not-for-Profit 5 $93.5 -- $93.0 -- 1 -- -- -- -- 1 -- -- 5 $93.8 -- $93.0 -- 13.8 10.0
Other 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 3 -- -- -- -- 1 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
$100 - $250 Million 6 $102.5 -- $101.9 -- 2 -- -- -- -- 2 -- -- 6 $104.1 -- $101.9 -- 9.1 8.5
$250 - $500 Million 5 $102.0 -- $107.5 -- 1 -- -- -- -- 0 -- -- 5 $104.2 -- $107.5 -- 14.6 10.0
$500 Million - $1 Billion 5 $101.0 -- $83.0 -- 3 -- -- -- -- 3 -- -- 5 $113.2 -- $103.0 -- 10.6 10.0
$1 - $5 Billion 10 $116.8 $88.0 $113.8 $156.0 9 $14.0 -- $10.0 -- 7 15.0% 15.0% 10 $129.4 $97.8 $120.0 $166.0 9.7 7.8
$5 - $10 Billion 4 -- -- -- -- 2 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --
Greater than $10 Billion 4 -- -- -- -- 2 -- -- -- -- 3 -- -- 4 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 10 $107.7 $75.0 $90.0 $156.0 5 $20.2 -- $15.0 -- 5 18.0% 20.0% 10 $117.8 $83.5 $97.5 $166.0 15.8 14.0
Bachelors 23 $95.9 $84.0 $90.0 $110.0 13 $10.6 $8.9 $10.0 $11.5 10 14.0% 14.0% 23 $101.9 $87.3 $96.5 $121.0 10.4 10.0
MA/MS 2 -- -- -- -- 0 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
MBA 5 $103.2 -- $100.0 -- 3 -- -- -- -- 4 -- -- 5 $109.5 -- $100.0 -- 4.6 5.0
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 17 $88.7 $80.0 $86.0 $93.0 8 $10.1 -- $10.8 -- 8 15.0% 15.0% 17 $93.5 $84.0 $90.5 $96.5 10.3 8.5
1 or Fewer 14 $105.9 $83.5 $102.5 $119.0 10 $12.0 $8.0 $10.5 $15.0 9 14.0% 13.0% 14 $114.5 $95.0 $107.3 $130.0 9.2 10.0
From 1 to 3 7 $106.1 -- $103.8 -- 1 -- -- -- -- 2 -- -- 7 $107.5 -- $103.8 -- 19.0 15.0
From 3 to 5 3 -- -- -- -- 1 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
More than 5 5 $101.5 -- $100.0 -- 2 -- -- -- -- 1 -- -- 5 $108.9 -- $105.0 -- 7.0 5.0

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 9 Canadian Data
2013 Risk Management Compensation Survey

Manager - Insurance Management


Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers, consultants and other
Cash Compensation
administrators, (All
preparing lossdollar amounts
analyses are displayed
and budgets, identifyinginexposures,
CAD $000s)recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and
managing safety/risk management manuals.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Government 10 $90.5 $75.0 $86.0 $103.8 0 -- -- -- -- 0 -- -- 10 $90.5 $75.0 $86.0 $103.8 14.1 7.5
Utilities 7 $122.4 -- $118.0 -- 5 $10.7 -- $10.0 -- 4 -- -- 7 $130.0 -- $122.0 -- 12.6 12.0
Other 5 $111.8 -- $100.0 -- 4 -- -- -- -- 3 -- -- 5 $123.5 -- $105.0 -- 7.2 5.0

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
AB 11 $120.6 $107.5 $119.0 $135.0 8 $13.5 -- $11.0 -- 6 15.0% 15.0% 11 $130.5 $107.5 $130.0 $135.0 7.3 8.5
BC 5 $85.3 -- $87.3 -- 0 -- -- -- -- 1 -- -- 5 $85.3 -- $87.3 -- 6.0 6.0
ON 17 $92.8 $82.0 $85.0 $95.0 10 $12.0 $5.5 $10.3 $15.0 9 15.0% 15.0% 17 $99.9 $84.0 $93.0 $103.8 11.4 10.0

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 54.3% Yes 19.6%
Female 43.5% No 80.4%
Did Not Indicate 2.2% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 21.7% Incentive Stock Options (ISOs) 11.1%
Bachelors 50.0% Non-Qualified Stock Options (NQSOs) 11.1%
MA/MS 4.3% Restricted Stock 11.1%
MBA 10.9% Stock Appreciation Rights (SARs) 0.0%
JD 0.0% Performance Shares 11.1%
MD 0.0% Performance Units 22.2%
Ph.D 0.0% Long-Term Cash 11.1%
Other 13.0% None of the Above Received 33.3%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 69.6% Yes 63.0%
Division 2.2% No 37.0%
Subsidiary 10.9%
Single Location 10.9%
Other 6.5%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 10 Canadian Data
2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager


Combination of data from the Employee Benefits Manager & Workers' Compensation Claims Manager positions.

See pages 9 though 14 in Section I of this report for a detailed job description of all positions.

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 11 Canadian Data
2013 Risk Management Compensation Survey

Employee Benefits/Workers Compensation Claims Manager


Combination of data from the Employee Benefits Manager & Workers' Compensation Claims Manager positions.

See pages 9 though 14 in Section I of this report for a detailed job description of all positions.

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 12 Canadian Data
2013 Risk Management Compensation Survey

Claims Manager
Mitigates an organizations exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs a program to
ensure the proper and efficient handling of claims, gathering data on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Is also responsible for post loss reduction techniques such as
salvage, subrogation and rehabilitation.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 12 $84.3 $72.5 $82.5 $95.0 4 -- -- -- -- 0 -- -- 12 $87.5 $73.0 $89.5 $95.0 12.3 10.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
Private 3 -- -- -- -- 2 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
Government 5 $73.1 -- $80.0 -- 2 -- -- -- -- 0 -- -- 5 $75.9 -- $80.0 -- 16.4 17.0
Not-for-Profit 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Other 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
$100 - $250 Million 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
$250 - $500 Million 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$500 Million - $1 Billion 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$1 - $5 Billion 1 -- -- -- -- 1 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$5 - $10 Billion 2 -- -- -- -- 2 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Greater than $10 Billion 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 4 -- -- -- -- 2 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
Bachelors 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
MA/MS 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
MBA 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 6 $74.0 -- $72.5 -- 3 -- -- -- -- 0 -- -- 6 $78.8 -- $76.5 -- 12.1 7.5
1 or Fewer 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
From 1 to 3 3 -- -- -- -- 0 -- -- -- -- 0 -- -- 3 -- -- -- -- -- --
From 3 to 5 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
More than 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 13 Canadian Data
2013 Risk Management Compensation Survey

Claims Manager
Mitigates an organizations exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs a program to
Cash Compensation
ensure (All dollar
the proper and efficient amounts
handling are gathering
of claims, displayeddata
in CAD $000s)
on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Is also responsible for post loss reduction techniques such as
salvage, subrogation and rehabilitation.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 50.0% Yes 16.7%
Female 41.7% No 83.3%
Did Not Indicate 8.3% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 33.3% Incentive Stock Options (ISOs) --
Bachelors 16.7% Non-Qualified Stock Options (NQSOs) --
MA/MS 0.0% Restricted Stock --
MBA 0.0% Stock Appreciation Rights (SARs) --
JD 0.0% Performance Shares --
MD 0.0% Performance Units --
Ph.D 0.0% Long-Term Cash --
Other 50.0% None of the Above Received --
* Insufficient Sample; Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 50.0% Yes 50.0%
Division 16.7% No 50.0%
Subsidiary 16.7%
Single Location 8.3%
Other 8.3%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 14 Canadian Data
2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager


Formulates, develops, and coordinates safety and loss control functions of the organization. Designs and directs a program to reduce accidents, occupational illnesses, and exposure to long-term health hazards through safety-training of
supervisors and managers, planned inspections, skill training, first-aid care, emergency preparedness, proper job instruction, new employee indoctrination, physical protection, planned job observation, rules and practices, job
analysis/procedures, disposal procedures, and protective equipment. Maintains compliance with governmental regulatory agencies. Responsible for identifying causes of past accidents for taking corrective measures.

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 15 Canadian Data
2013 Risk Management Compensation Survey

Environmental, Health or Safety Manager


Formulates, develops, and coordinates safety and loss control functions of the organization. Designs and directs a program to reduce accidents, occupational illnesses, and exposure to long-term health hazards through safety-training of
supervisors and managers, planned inspections, skill training, first-aid care, emergency preparedness, proper job instruction, new employee indoctrination, physical protection, planned job observation, rules and practices, job
analysis/procedures, disposal procedures, and protective equipment. Maintains compliance with governmental regulatory agencies. Responsible for identifying causes of past accidents for taking corrective measures.

No Breakdowns Available - Insufficient Sample Size

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 16 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Supports the risk manager regarding all aspects of the enterprise-wide risk management program. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring formats on risk
management issues and developing methodologies for the assessment of risks throughout the organization.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 32 $84.6 $70.0 $78.0 $97.5 14 $12.0 $3.9 $8.8 $19.0 10 12.0% 12.0% 32 $89.9 $72.5 $78.5 $99.9 6.6 4.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 12 $94.4 $72.5 $81.5 $116.7 8 $15.3 -- $11.2 -- 6 15.0% 14.0% 12 $104.6 $74.0 $87.7 $143.5 5.0 3.5
Private 4 -- -- -- -- 3 -- -- -- -- 2 -- -- 4 -- -- -- -- -- --
Government 10 $78.0 $72.0 $79.1 $95.0 1 -- -- -- -- 0 -- -- 10 $78.5 $72.0 $79.1 $95.0 8.7 4.5
Not-for-Profit 5 $71.0 -- $70.0 -- 2 -- -- -- -- 2 -- -- 5 $71.9 -- $70.0 -- 9.3 10.0
Other 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 3 -- -- -- -- 2 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
$100 - $250 Million 4 -- -- -- -- 0 -- -- -- -- 0 -- -- 4 -- -- -- -- -- --
$250 - $500 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$500 Million - $1 Billion 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$1 - $5 Billion 7 $88.3 -- $81.3 -- 5 $12.6 -- $10.0 -- 4 -- -- 7 $97.2 -- $81.3 -- 2.7 2.5
$5 - $10 Billion 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Greater than $10 Billion 7 $94.6 -- $82.9 -- 5 $10.4 -- $10.0 -- 3 -- -- 7 $102.0 -- $95.3 -- 9.9 5.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 5 $79.1 -- $77.0 -- 1 -- -- -- -- 0 -- -- 5 $79.9 -- $77.0 -- 8.4 3.0
Bachelors 14 $73.1 $62.0 $74.5 $80.0 8 $8.7 -- $6.9 -- 6 9.0% 8.0% 14 $78.0 $68.2 $75.0 $80.0 5.3 4.5
MA/MS 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
MBA 3 -- -- -- -- 2 -- -- -- -- 2 -- -- 3 -- -- -- -- -- --
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 26 $82.3 $70.0 $77.0 $95.0 10 $7.3 $3.0 $5.3 $10.0 7 9.0% 5.0% 26 $85.1 $72.0 $78.5 $97.0 6.8 4.0
1 or Fewer 5 $89.6 -- $77.0 -- 3 -- -- -- -- 2 -- -- 5 $103.5 -- $77.0 -- 7.1 4.0
From 1 to 3 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
From 3 to 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
More than 5 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 17 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst (Enterprise-Wide)


Supports the risk manager regarding all aspects of the enterprise-wide risk management program. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring formats on risk
Cash Compensation
management issues and (All dollar amounts
developing are displayed
methodologies in CAD of
for the assessment $000s)
risks throughout the organization.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Energy 6 $109.5 -- $106.4 -- 6 $16.4 -- $11.2 -- 4 -- -- 6 $125.9 -- $127.8 -- 5.2 4.5
Government 7 $78.1 -- $77.0 -- 0 -- -- -- -- 0 -- -- 7 $78.1 -- $77.0 -- 8.4 5.0
Insurance 5 $78.2 -- $74.0 -- 2 -- -- -- -- 2 -- -- 5 $79.6 -- $77.9 -- 2.7 2.0

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
AB 8 $104.6 -- $95.4 -- 6 $16.4 -- $11.2 -- 4 -- -- 8 $116.9 -- $100.4 -- 4.8 4.5
BC 6 $90.0 -- $88.1 -- 1 -- -- -- -- 1 -- -- 6 $94.2 -- $88.1 -- 5.8 4.5
ON 11 $70.2 $64.0 $70.0 $79.0 5 $3.8 -- $3.0 -- 4 -- -- 11 $71.9 $64.0 $75.0 $79.0 6.8 4.0

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 43.8% Yes 31.2%
Female 53.1% No 68.8%
Did Not Indicate 3.1% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 15.6% Incentive Stock Options (ISOs) 40.0%
Bachelors 43.8% Non-Qualified Stock Options (NQSOs) 30.0%
MA/MS 6.2% Restricted Stock 10.0%
MBA 9.4% Stock Appreciation Rights (SARs) 0.0%
JD 0.0% Performance Shares 10.0%
MD 0.0% Performance Units 20.0%
Ph.D 0.0% Long-Term Cash 10.0%
Other 25.0% None of the Above Received 10.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 71.9% Yes 18.8%
Division 9.4% No 81.2%
Subsidiary 3.1%
Single Location 3.1%
Other 12.5%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 18 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst


Supports the risk manager regarding all aspects of a financial risk management and/or corporate insurance program. Responsibilities include the development, implementation and application of risk metrics and methodologies and the
monitoring, analysis and reporting of financial risk exposures. Responsibilities may also include compilation of underwriting information and coverage placement, claims administration, loss forecasting, and analysis to assist in loss reduction.

Supports organizational compliance with risk policies through regular risk exposure monitoring and reporting. Responsible for documenting and reporting risk policy exceptions to risk committee.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 31 $76.3 $66.0 $73.5 $82.5 13 $7.1 $5.0 $5.5 $7.8 10 9.0% 10.0% 31 $79.3 $70.0 $75.0 $87.5 6.8 5.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 9 $79.2 -- $77.5 -- 8 $7.4 -- $7.0 -- 6 10.0% 10.0% 9 $85.7 -- $84.6 -- 5.3 3.0
Private 6 $73.7 -- $70.9 -- 5 $6.6 -- $5.0 -- 4 -- -- 6 $79.2 -- $74.1 -- 5.7 5.5
Government 12 $77.7 $71.0 $75.0 $88.0 0 -- -- -- -- 0 -- -- 12 $77.7 $71.0 $75.0 $88.0 7.8 7.5
Not-for-Profit 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
Other 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 5 $70.3 -- $71.0 -- 2 -- -- -- -- 2 -- -- 5 $72.3 -- $76.0 -- 8.3 8.0
$100 - $250 Million 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$250 - $500 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$500 Million - $1 Billion 7 $70.6 -- $70.0 -- 3 -- -- -- -- 3 -- -- 7 $72.3 -- $72.2 -- 7.7 5.0
$1 - $5 Billion 9 $83.2 -- $78.0 -- 5 $8.1 -- $7.0 -- 2 -- -- 9 $87.6 -- $82.5 -- 6.5 3.0
$5 - $10 Billion 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
Greater than $10 Billion 1 -- -- -- -- 1 -- -- -- -- 1 -- -- 1 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 4 -- -- -- -- 1 -- -- -- -- 1 -- -- 4 -- -- -- -- -- --
Bachelors 11 $70.3 $60.0 $73.0 $77.7 4 -- -- -- -- 3 -- -- 11 $72.5 $65.0 $73.0 $84.6 4.3 3.5
MA/MS 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
MBA 2 -- -- -- -- 1 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 25 $75.0 $65.6 $73.0 $77.7 10 $7.2 $4.5 $6.0 $7.8 8 9.0% 8.0% 25 $77.8 $68.2 $74.0 $84.6 6.9 5.0
1 or Fewer 3 -- -- -- -- 2 -- -- -- -- 1 -- -- 3 -- -- -- -- -- --
From 1 to 3 2 -- -- -- -- 1 -- -- -- -- 1 -- -- 2 -- -- -- -- -- --
From 3 to 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
More than 5 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 19 Canadian Data
2013 Risk Management Compensation Survey

Risk Management Analyst


Supports the risk manager regarding all aspects of a financial risk management and/or corporate insurance program. Responsibilities include the development, implementation and application of risk metrics and methodologies and the
Cash Compensation
monitoring, analysis and(All dollarofamounts
reporting areexposures.
financial risk displayedResponsibilities
in CAD $000s)may also include compilation of underwriting information and coverage placement, claims administration, loss forecasting, and analysis to assist in loss reduction.
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
Supports organizational compliance with risk policies through regular risk exposure monitoring and reporting. Responsible for documenting and reporting risk policy exceptions to risk committee.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Education 6 $69.2 -- $73.5 -- 0 -- -- -- -- 0 -- -- 6 $69.2 -- $73.5 -- 8.5 8.0
Energy 7 $79.8 -- $71.0 -- 5 $8.0 -- $7.0 -- 3 -- -- 7 $85.5 -- $76.0 -- 6.4 3.0
Government 6 $83.4 -- $83.5 -- 0 -- -- -- -- 0 -- -- 6 $83.4 -- $83.5 -- 8.0 6.0

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
AB 10 $81.2 $71.0 $76.3 $78.0 6 $8.0 -- $7.4 -- 4 -- -- 10 $86.0 $75.0 $80.9 $90.6 7.9 5.5
ON 9 $75.8 -- $73.5 -- 4 -- -- -- -- 4 -- -- 9 $77.6 -- $78.0 -- 9.4 8.0

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 48.4% Yes 16.1%
Female 45.2% No 83.9%
Did Not Indicate 6.5% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 12.9% Incentive Stock Options (ISOs) 80.0%
Bachelors 35.5% Non-Qualified Stock Options (NQSOs) 20.0%
MA/MS 0.0% Restricted Stock 40.0%
MBA 6.5% Stock Appreciation Rights (SARs) 20.0%
JD 0.0% Performance Shares 20.0%
MD 0.0% Performance Units 0.0%
Ph.D 0.0% Long-Term Cash 0.0%
Other 45.2% None of the Above Received 0.0%
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 64.5% Yes 19.4%
Division 6.5% No 80.6%
Subsidiary 0.0%
Single Location 12.9%
Other 16.1%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 20 Canadian Data
2013 Risk Management Compensation Survey

Claims Analyst
Reviews first and third party claims for irregularities, accuracy and completeness. Requests additional information, where necessary, for completion of claim processing. Reviews claims for eligibility. Maintains updated records and prepares
required reports. Assists in claims cost control. Performs the design, analysis and delivery of claim information. Contacts individuals about claims and coordinates the handling of benefits. This role focuses on operational effectiveness in
support of claims management strategies. Understands and performs domestic and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome
management; and the delivery of claim information. Handles mostly routine non-complex claims but, may handle litigated and moderately complex claims with limited settlement authority.

Cash Compensation (All dollar amounts are displayed in CAD $000s)


Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
All Respondents 7 $60.4 -- $59.5 -- 0 -- -- -- -- 0 -- -- 7 $60.4 -- $59.5 -- 7.9 10.0

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Ownership Type Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Publicly Traded 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Private 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Government 7 $60.4 -- $59.5 -- 0 -- -- -- -- 0 -- -- 7 $60.4 -- $59.5 -- 7.9 10.0
Not-for-Profit 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Other 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Revenue Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
Less than $100 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$100 - $250 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$250 - $500 Million 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$500 Million - $1 Billion 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
$1 - $5 Billion 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
$5 - $10 Billion 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Greater than $10 Billion 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Degree Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
High School/Associate Degree 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Bachelors 2 -- -- -- -- 0 -- -- -- -- 0 -- -- 2 -- -- -- -- -- --
MA/MS 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
MBA 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
JD 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
Ph.D 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Supervisory Responsibility Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)
No 6 $60.6 -- $61.5 -- 0 -- -- -- -- 0 -- -- 6 $60.6 -- $61.5 -- 7.7 10.0
1 or Fewer 1 -- -- -- -- 0 -- -- -- -- 0 -- -- 1 -- -- -- -- -- --
From 1 to 3 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
From 3 to 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --
More than 5 0 -- -- -- -- 0 -- -- -- -- 0 -- -- 0 -- -- -- -- -- --

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 21 Canadian Data
2013 Risk Management Compensation Survey

Claims Analyst
Reviews first and third party claims for irregularities, accuracy and completeness. Requests additional information, where necessary, for completion of claim processing. Reviews claims for eligibility. Maintains updated records and prepares
Cash Compensation
required reports. Assists(All dollarcost
in claims amounts
control. are displayed
Performs in CAD
the design, $000s)
analysis and delivery of claim information. Contacts individuals about claims and coordinates the handling of benefits. This role focuses on operational effectiveness in
support of claims management strategies. Understands and performs domestic and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome
Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt
management; and the delivery of claim information. Handles mostly routine non-complex claims but, may handle litigated and moderately complex claims with limited settlement authority.
# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Industry Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Scope Base Salary Bonus Amount Target Bonus Total Cash Compensation Yrs. In Risk Mgmt

# of 50th pct # of 50th pct 50th pct # of 50th pct 50th pct
Province Resp. Average 25th pct (median) 75th pct Resp. Average 25th pct (median) 75th pct # of Resp. Average (median) Resp. Average 25th pct (median) 75th pct Average (median)

No Breakdowns Available - Insufficient Sample Size

Respondent Characteristics

Gender Long-Term Incentive Eligible


Male 14.3% Yes 0.0%
Female 85.7% No 100.0%
Did Not Indicate 0.0% Did Not Indicate 0.0%

Degree Type of Long-term Incentives Received*


High School/Associate Degree 0.0% Incentive Stock Options (ISOs) --
Bachelors 28.6% Non-Qualified Stock Options (NQSOs) --
MA/MS 0.0% Restricted Stock --
MBA 0.0% Stock Appreciation Rights (SARs) --
JD 0.0% Performance Shares --
MD 0.0% Performance Units --
Ph.D 0.0% Long-Term Cash --
Other 71.4% None of the Above Received --
* Only includes those eligible for LTI

Type of Organization Where Employed Supervise Individuals


Parent 14.3% Yes 14.3%
Division 28.6% No 85.7%
Subsidiary 0.0%
Single Location 0.0%
Other 57.1%

2013 Risk and Insurance Management Society, Inc. (RIMS) IX - 22 Canadian Data

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